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2017 Ohio Revised Code
Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE
Chapter 1303 - COMMERCIAL PAPER
Section 1303.04 - Issue of instrument - UCC 3-105(b).
Universal Citation: Ohio Rev Code § 1303.04 (2017)
An unissued instrument, or an unissued incomplete instrument that is completed, is binding on the maker or drawer, but nonissuance is a defense. An instrument that is conditionally issued or is issued for a special purpose is binding on the maker or drawer, but the failure of the condition or special purpose to be fulfilled is a defense.
Effective Date: 08-19-1994 .
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