Section 5815.35 | General Partners Acting as Fiduciary.
Effective: October 12, 2016 Latest Legislation: House Bill 158 – 131st General Assembly (A)(1) As used in this division, “fiduciary” means any person, association, or corporation, other than a trustee of a testamentary trust, an assignee or trustee for an insolvent debtor, or a guardian under Chapter 5905. of the Revised Code, that is appointed […]
Section 5815.36 | Disclaiming Testamentary and Nontestamentary Succession to Real and Personal Property.
Effective: March 27, 2013 Latest Legislation: House Bill 479 – 129th General Assembly (A) As used in this section: (1) “Disclaimant” means any person, any guardian or personal representative of a person or estate of a person, or any attorney-in-fact or agent of a person having a general or specific authority to act granted in […]
Section 5815.37 | Temporary Conveyances.
Effective: March 27, 2013 Latest Legislation: House Bill 479 – 129th General Assembly (A) If any interest in real property held by any trustee of an express trust that is wholly or partially governed by a law of this state or any interest in real property located in this state that is held by the […]
Section 5815.41 | Consignment of Art Works Definitions.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly As used in sections 5815.41 to 5815.48 of the Revised Code: (A) “Art dealer” means a person engaged in the business of selling works of art, other than a person exclusively engaged in the business of selling goods at public auction. (B) […]
Section 5815.42 | Art Dealer’s Acceptance of Work on Consignment From Artist.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly If an art dealer accepts a work of art, on a fee, commission, or other compensation basis, on consignment from the artist who created the work of art, the following consequences attach: (A) The art dealer is, with respect to that work […]
Section 5815.43 | When Work of Art Ceases to Be Trust Property.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly (A) If a work of art is trust property under section 5815.42 of the Revised Code when it is initially received by the art dealer, it remains trust property, notwithstanding the subsequent purchase of the work of art by the art dealer […]
Section 5815.44 | Work of Art Not Subject to Claims of Creditors of Art Dealer.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly A work of art that is trust property under section 5815.42 or 5815.43 of the Revised Code is not subject to the claims, liens, or security interests of the creditors of the art dealer, notwithstanding Chapters 1301. to 1310. of the Revised […]
Section 5815.45 | Written Contract Prerequisite for Accepting Work of Art.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly (A) An art dealer shall not accept a work of art, on a fee, commission, or other compensation basis, on consignment from the artist who created the work of art unless, prior to or at the time of acceptance, the art dealer […]
Section 5815.46 | Display Conditions.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly An art dealer who accepts a work of art, on a fee, commission, or other compensation basis, on consignment from the artist who created the work of art shall not use or display the work of art or a photograph of the […]
Section 5815.47 | Waiver of Provisions Is Void.
Effective: January 1, 2007 Latest Legislation: House Bill 416 – 126th General Assembly Any portion of an agreement that waives any provision of sections 5815.41 to 5815.48 of the Revised Code is void.