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Application To Deposit Personal Property In Lieu Of Bond And For Authority To Invest Funds Form. This is a Ohio form and can be use in Stark County (Court Of Common Pleas).
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Tags: Application To Deposit Personal Property In Lieu Of Bond And For Authority To Invest Funds, 25.9, Ohio County (Court Of Common Pleas), Stark
PROBATE COURT OF STARK COUNTY, OHIO
DIXIE PARK, JUDGE
TRUST UNDER WILL OF:
CASE NO.
APPLICATION TO DEPOSIT PERSONAL PROPERTY IN LIEU OF BOND
AND FOR AUTHORITY TO INVEST FUNDS
, the duly
Now comes
appointed, qualified and acting trustee of the Trust created under the Last Will and Testament
of
, and represents to the Court that, in
determining the amount of bond to be required of him as such trustee, the value of the estate
or fund coming into his hands is such that it is deemed inexpedient to require security in the
full amount prescribed by law.
Your applicant further represents to the Court that there is a part of the estate or fund,
as set forth in Exhibit A attached hereto and hereby incorporated herein, which he desires to
deposit with the
, an institution
authorized as:
a bank
a building and loan association
a savings and loan association
a trust company
under the laws of:
the State of Ohio
the United States of America
and thereby qualified to serve as depository under the provisions of Ohio Revised Code
Section 2109.13.
Your applicant therefore prays that the Court direct the deposit of that part of the
estate or fund described in Exhibit A with
and that after the filing of the receipt with this Court for such part of the estate or fund
executed by such depository, acknowledging that such assets are held by it, subject to the
order of this Court, that this Court may fix the amount of the bond required to be given by
your applicant, with respect to the value of the remainder only of the estate or fund.
I
Your applicant further states that it is to the advantage of the trust to order such
deposit according to the law with such depository, to the end that your applicant's bond may
be kept at a minimum, and that the trust presently consists of property to wit:
(a)
(b)
(c)
(d)
Real estate presently valued at
Personal property presently valued at
Personal property to depository
Personal property with fiduciary
$
$
$
$
SCPC FORM 25.9 - APPLICATION TO DEPOSIT
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CASE NO.
Your applicant further states that it is to the advantage of the trust to grant authority
to him as trustee to instruct such depository to invest and reinvest the personal property
deposited pursuant hereto in accordance with the investment powers and limitations set forth
in Sections 2109.37 and 2109.371 of the Ohio Revised Code, without obtaining additional
orders of the Court authorizing specific future purchases and sales, and to authorize the
depository to carry out such investment instructions.
Wherefore, your applicant respectfully requests that this Court grant him its order
, authorizing and directing the
setting the amount of his bond at $
deposit of that part of the estate or fund described in the attached Exhibit A, with
, authorizing him to instruct the depository
to invest and reinvest the personal property deposited hereunder pursuant to Section
2109.37 and 2109.371 , or within the investment directions of the trust, without obtaining
additional orders of the Court authorizing specific future purchases and sales, and authorizing
the depository to carry out such investment instructions.
Attorney for Trustee
Trustee
Typed or Printed Name
Typed or Printed Name
Address
Address
Phone Number (include area code)
Phone Number
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