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Code · Ohio · Title 58 Trusts · Chapter 5804 Creation, Modification, Revocation, And Termination

Section 5804.04 — Trust purposes must be legitimate.

49 words·~1 min read·/oh/title-58-trusts/chapter-5804-creation-modification-revocation-and-termination/5804-04·

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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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