Ohio Code § 5809.01
Ohio Code § 5809.01. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5809.01.
(A)(1) As used in the Revised Code, the “ Ohio Uniform Prudent Investor Act ” means sections 5809.01 to 5809.08 , 5808.03 , 5808.05 , and 5808.06 , division (A) of section 5808.02 , and division (B) of section 5808.07 of the Revised Code , and those sections may be cited as the “Ohio Uniform Prudent Investor Act.” (2) As used in the Ohio Uniform Prudent Investor Act, “ trustee ” means a trustee under any testamentary, inter vivos, or other trust. (B) Except as provided in division (C) or (D) of this section, a trustee who invests
and manages trust assets under the Ohio Uniform Prudent Investor Act owes a duty to
the beneficiaries of the trust to comply with the Ohio Uniform Prudent Investor Act. (C) The Ohio Uniform Prudent Investor Act may be expanded, restricted, eliminated, or
otherwise altered, without express reference by the instrument creating a trust to
the Ohio Uniform Prudent Investor Act or any section of the Revised Code that is part
of that act. (D) A trustee is not liable to a beneficiary of a trust to the extent the trustee acted
in reasonable reliance on the provisions of the trust.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5809.01
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
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Common questions
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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 § 5809.01 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 § 5809.01 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Statutes are amended, repealed, and renumbered every session.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.
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