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2011 Ohio Revised Code
Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE
Chapter 1309: SECURED TRANSACTIONS
1309.402 Secured party not obligated on contract of debtor or in tort - UCC 9-402.


OH Rev Code § 1309.402 What's This?

The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor’s acts or omissions.

Effective Date: 07-01-2001

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