Ohio Code § 5807.01
Ohio Code § 5807.01. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5807.01.
(A) Except as otherwise provided in division (C) of this section, a person designated
as trustee accepts the trusteeship by substantially complying with a method of acceptance
provided in the terms of the trust or, if the terms of the trust do not provide a
method or the method provided in the terms is not expressly made exclusive, by accepting
delivery of the trust property, exercising powers or performing duties as trustee,
or otherwise indicating acceptance of the trusteeship. (B) A person designated as trustee who has not yet accepted the trusteeship may reject
the trusteeship. A designated trustee who does not accept the trusteeship within a reasonable time
after knowing of the designation is deemed to have rejected the trusteeship. (C) A person designated as trustee, without accepting the trusteeship, may do either
or both of the following: (1) Act to preserve the trust property if, within a reasonable time after acting, the
person sends a rejection of the trusteeship to the settlor or, if the settlor is dead
or lacks capacity, to a qualified beneficiary; (2) Inspect or investigate trust property to determine potential liability under environmental
or other law or for any other purpose.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5807.01
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5807.01?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5807.01 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5807.01 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.