Ohio Code § 5812.45

§ 5812.45.

(A) If a trustee makes or expects to make a principal disbursement described in this

section, the trustee may transfer an appropriate amount from income to principal in

one or more accounting periods to reimburse principal or to provide a reserve for

future principal disbursements. (B) Principal disbursements to which division (A) of this section applies include all

of the following, but only to the extent that the trustee has not been and does not

expect to be reimbursed by a third party: (1) An amount chargeable to income but paid from principal because it is unusually large,

including extraordinary repairs; (2) A capital improvement to a principal asset, whether in the form of changes to an

existing asset or the construction of a new asset, including special assessments; (3) Disbursements made to prepare property for rental, including tenant allowances, leasehold

improvements, and broker's commissions; (4) Periodic payments on an obligation secured by a principal asset to the extent that

the amount transferred from income to principal for depreciation is less than the

periodic payments; (5) Disbursements described in division (A)(7) of section 5812.43 of the Revised Code . (C) If the asset whose ownership gives rise to the disbursements becomes subject to a

successive income interest after an income interest ends, a trustee may continue to

transfer amounts from income to principal as provided in division (A) of this section.