™Your Policy Risk Impact Agent
17 chapters · 226 sections in this title.
Ohio Rev. Code Ann. § 5814.01 Transfers to minors act definitions
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As used in sections 5814.01 to 5814.10 of the Revised Code, unless the context otherwise requires:(A) "Benefit plan" means any plan of an employer for the benefit of any employee, any plan for the benefit of any partner, or any plan for the benefit of a proprietor, and includes, …
Ohio Rev. Code Ann. § 5814.02 Subject of gift or transfer
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(A) A person who is eighteen years of age or older may, during the person's lifetime, make a gift or transfer of a security, money, a life or endowment insurance policy, an annuity contract, a benefit plan, real estate, tangible or intangible personal property, or any other prope…
Ohio Rev. Code Ann. § 5814.03 Effect of gift or transfer
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(A) A gift or transfer made in a manner prescribed in sections 5814.01 to 5814.10 of the Revised Code, is irrevocable and conveys to the minor indefeasibly vested legal title to the security, money, life or endowment insurance policy, annuity contract, benefit plan, real estate, …
Ohio Rev. Code Ann. § 5814.04 Custodian - powers and duties
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(A) The custodian shall collect, hold, manage, invest, and reinvest the custodial property.(B) The custodian shall pay over to the minor for expenditure by the minor, or expend for the use or benefit of the minor, as much of or all the custodial property as the custodian consider…