Go to previous versions
of
this Section
2023 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1313 | Voluntary Assignments
Section 1313.57 | Knowledge of Fraudulent Intent Material - Mortgage in Good Faith.
Universal Citation: OH Rev Code § 1313.57 (2023)
Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
Section 1313.56 of the Revised Code does not apply unless the person to whom such sale, conveyance, transfer, mortgage, or assignment is made, knew of such fraudulent intent on the part of such debtor. Said section does not vitiate or affect any mortgage made in good faith to secure any debt or liability created simultaneously with such mortgage, if such mortgage is filed for record in the county wherein the property is situated, or as otherwise provided by law, within three days after its execution, and when, upon foreclosure or taking possession of such property, the mortgagee fully accounts for the proceeds thereof.
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
