| Trust Purposes Must Be Legitimate.

  1. Law
  2. Ohio Revised Code
  3. | Trusts
  4. | Creation, Modification, Revocation, and Termination
  5. | Trust Purposes Must Be Legitimate.

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Effective: January 1, 2007

Latest Legislation: House Bill 416 - 126th General Assembly

A trust may be created only to the extent that its purposes are lawful, not contrary to public policy, and possible to achieve. A trust exists, and its assets shall be held, for the benefit of its beneficiaries in accordance with the interests of the beneficiaries in the trust.


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