2006 Ohio Revised Code - 1309.606. (UCC 9-606) Time for default for agricultural lien.
§ 1309.606. (UCC 9-606) Time for default for agricultural lien.
For purposes of
sections 1309.601 to
1309.628 of the Revised Code, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.
HISTORY: 149 v S 74. Eff 7-1-2001.
The effective date is set by section 4 of SB 74.
Official Comment
1. Source. New.
2. Time of Default. Remedies under this part become available upon the debtor's "default." See section 9-601. This section explains when "default" occurs in the agricultural-lien context. It requires one to consult the enabling statute to determine when the lienholder is entitled to enforce the lien.
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