reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1309.619 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.619 | Transfer of Record or Legal Title - Ucc 9-619.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) As used in this section, "transfer statement" means a record authenticated by a secured party that states:(1) The debtor has defaulted in connection with an obligation secured by specified collateral;(2) The secured party has exercised its post-default remedies with respect to the collateral;(3) By reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and(4) The name and mailing address of the secured party, debtor, and transferee.(B) A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration, or certificate of title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:(1) Accept the transfer statement;(2) Promptly amend its records to reflect the transfer; and(3) If applicable, issue a new appropriate certificate of title in the name of the transferee.(C) A transfer of the record or legal title to collateral to a secured party under division (B) of this section or otherwise is not of itself a disposition of collateral under this chapter and does not of itself relieve the secured party of its duties under this chapter.
Ohio Rev Code § 1309.621 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.621 | Notification of Proposal to Accept Collateral - Ucc 9-621.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A secured party who desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to:(1) Any person from whom the secured party has received, before the debtor consented to the acceptance, an authenticated notification of a claim of an interest in the collateral;(2) Any other secured party or lienholder who, ten days before the debtor consented to the acceptance, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:(a) Identified the collateral;(b) Was indexed under the debtor's name as of that date;(c) Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date; and(3) Any other secured party who, ten days before the debtor consented to the acceptance, held a security interest in the collateral perfected by compliance with a statute, regulation, or treaty described in division (A) of section 1309.311 of the Revised Code.(B) A secured party who desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in division (A) of this section.
Ohio Rev Code § 1309.622 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.622 | Effect of Acceptance of Collateral - Ucc 9-622.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:(1) Discharges the obligation to the extent consented to by the debtor;(2) Transfers to the secured party all of a debtor's rights in the collateral;(3) Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and(4) Terminates any other subordinate interest.(B) A subordinate interest is discharged or terminated under division (A) of this section even if the secured party fails to comply with this chapter.
Ohio Rev Code § 1309.623 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.623 | Right to Redeem Collateral - Ucc 9-623.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.(B) To redeem collateral, a person shall tender:(1) Fulfillment of all obligations secured by the collateral; and(2) The reasonable expenses and attorney's fees described in division (A)(1) of section 1309.615 of the Revised Code.(C) A redemption may occur at any time before a secured party:(1) Has collected collateral under section 1309.607 of the Revised Code;(2) Has disposed of collateral or entered into a contract for its disposition under section 1309.610 of the Revised Code; or(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 1309.622 of the Revised Code.
Ohio Rev Code § 1309.624 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.624 | Waiver - Ucc 9-624.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 1309.611 of the Revised Code only by an agreement to that effect entered into and authenticated after default.(B) A debtor may waive the right to require disposition of collateral under division (E) of section 1309.620 of the Revised Code only by an agreement to that effect entered into and authenticated after default.(C) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 1309.623 of the Revised Code only by an agreement to that effect entered into and authenticated after default.
Ohio Rev Code § 1309.626 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.626 | Action in Which Deficiency or Surplus Is in Issue - Ucc 9-626.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|In an action arising from a transaction in which the amount of a deficiency or surplus is in issue, the following rules apply:(A) A secured party is not required to prove compliance with sections 1309.601 to 1309.628 of the Revised Code relating to collection, enforcement, disposition, or acceptance unless the debtor or a secondary obligor places the secured party's compliance in issue.(B) If the secured party's compliance is placed in issue, the secured party has the burden of establishing that the collection, enforcement, disposition, or acceptance was conducted in accordance with sections 1309.601 to 1309.628 of the Revised Code.(C) Except as provided in section 1309.628 of the Revised Code, if a secured party fails to prove that the collection, enforcement, disposition, or acceptance was conducted in accordance with sections 1309.601 to 1309.628 of the Revised Code relating to collection, enforcement, disposition, or acceptance, the liability of a debtor or a secondary obligor for a deficiency is limited to an amount by which the sum of the secured obligation, expenses, and attorney's fees exceeds the greater of:(1) The proceeds of the collection, enforcement, disposition, or acceptance; or(2) The amount of proceeds that would have been realized had the noncomplying secured party proceeded in accordance with sections 1309.601 to 1309.628 of the Revised Code relating to collection, enforcement, disposition, or acceptance.(D) For purposes of division (C)(2) of this section, the amount of proceeds that would have been realized is equal to the sum of the secured obligation, expenses, and attorney's fees unless the secured party proves that the amount is less than that sum.(E) If a deficiency or surplus is calculated under division (F) of section 1309.615 of the Revised Code, the debtor or obligor has the burden of establishing that the amount of proceeds of the disposition is significantly below the range of prices that a complying disposition to a person other than the secured party, a person related to the secured party, or a secondary obligor would have brought.
Ohio Rev Code § 1309.627 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.627 | Determination of Whether Conduct Was Commercially Reasonable - Ucc 9-627.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) The fact that a greater amount could have been obtained by a collection, enforcement, disposition, or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition, or acceptance was made in a commercially reasonable manner.(B) A disposition of collateral is made in a commercially reasonable manner if the disposition is made:(1) In the usual manner on any recognized market;(2) At the price current in any recognized market at the time of the disposition; or(3) Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.(C) A collection, enforcement, disposition, or acceptance is commercially reasonable if it has been approved:(1) In a judicial proceeding;(2) By a bona fide creditors' committee;(3) By a representative of creditors; or(4) By an assignee for the benefit of creditors.(D) Approval under division (C) of this section does not have to be obtained, and lack of approval does not mean that the collection, enforcement, disposition, or acceptance is not commercially reasonable.
Ohio Rev Code § 1309.628 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.628 | Nonliability and Limitation on Liability of Secured Party - Liability of Secondary Obligor - Ucc 9-628.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:(1) The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this chapter; and(2) The failure of the secured party to comply with this chapter does not affect the liability of the person for a deficiency.(B) A secured party is not liable because of its status as secured party:(1) To a person that is a debtor or obligor, unless the secured party knows;(a) That the person is a debtor or obligor;(b) The identity of the person; and(c) How to communicate with the person; or(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(a) That the person is a debtor; and(b) The identity of the person.(C) A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:(1) A debtor's representation concerning the purpose for which collateral was to be used, acquired, or held; or(2) An obligor's representation concerning the purpose for which a secured obligation was incurred.(D) A secured party is not liable to any person under division (C)(2) of section 1309.625 of the Revised Code for its failure to comply with section 1309.616 of the Revised Code.(E) A secured party is not liable under division (C)(2) of section 1309.625 of the Revised Code more than once with respect to any one secured obligation.
Ohio Rev Code § 1309.702 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.702 | Savings Clause - Ucc 9-702.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Except as otherwise provided in this chapter, this chapter applies to a transaction or lien within the scope of this chapter even if the transaction or lien was entered into or created before July 1, 2001. (B) Except as otherwise provided in division (C) of this section and sections 1309.703 to 1309.709 of the Revised Code:(1) Transactions or liens that were not governed by this chapter as it existed before July 1, 2001, were validly entered into or created prior to that date, and would be subject to this chapter if they had been entered into or created on or after that date, and the rights, duties, and interests related to those transactions or liens, remain valid on and after July 1, 2001; and(2) The transactions and liens may be terminated, completed, consummated, or enforced as required or permitted by the law in effect immediately prior to July 1, 2001, or the law in effect on and after that date.(C) This chapter does not affect an action, case, or proceeding commenced prior to July 1, 2001.
Ohio Rev Code § 1309.703 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.703 | Security Interest Perfected Before Effective Date - Ucc 9-703.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A security interest that is enforceable immediately before July 1, 2001, and that would have priority over the rights of a person who becomes a lien creditor at that time is a perfected security interest under this chapter if, on July 1, 2001, the applicable requirements for enforceability and perfection under this chapter are satisfied without further action. (B) Except as otherwise provided in section 1309.705 of the Revised Code, if, immediately before July 1, 2001, a security interest is enforceable and would have priority over the rights of a person who becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under this chapter are not satisfied on July 1, 2001, the security interest:(1) Is a perfected security interest until July 1, 2002;(2) Remains enforceable after the date specified in division (B)(1) of this section only if the security interest becomes enforceable under section 1309.203 of the Revised Code on or before July 1, 2002;(3) Remains perfected after the date specified in division (B)(1) of this section only if the applicable requirements for perfection under this chapter are satisfied on or before July 1, 2002.
Ohio Rev Code § 1309.704 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.704 | Security Interest Unperfected Before Effective Date - Ucc 9-704.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|A security interest that is enforceable immediately before July 1, 2001, but that would be subordinate to the rights of a person that becomes a lien creditor at that time: (A) Remains an enforceable security interest until July 1, 2002;(B) Remains enforceable after July 1, 2002, if the security interest becomes enforceable under section 1309.203 of the Revised Code on July 1, 2001, or by July 1, 2002; and(C) Becomes perfected:(1) Without further action on July 1, 2001, if the applicable requirements for perfection under this chapter are satisfied before or on that date; or(2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after July 1, 2001.
Ohio Rev Code § 1309.706 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.706 | When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement - Ucc 9-706.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) The filing of an initial financing statement in the office specified in section 1309.501 of the Revised Code continues the effectiveness of a financing statement filed before July 1, 2001, if: (1) The filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter.(2) The financing statement filed before July 1, 2001, was filed in an office in another state or another office in this state; and(3) The initial financing statement satisfies division (C) of this section.(B) The filing of an initial financing statement under division (A) of this section continues the effectiveness of the financing statement filed before July 1, 2001:(1) If the initial financing statement is filed before July 1, 2001, for the period provided in section 1309.40 of the Revised Code, as it existed prior to July 1, 2001, with respect to a financing statement; and(2) If the initial financing statement is filed after July 1, 2001, for the period provided in section 1309.515 of the Revised Code, as it exists on July 1, 2001, with respect to an initial financing statement.(C) To be effective for purposes of division (A) of this section, an initial financing statement shall:(1) Satisfy the requirements of sections 1309.501 to 1309.527 of the Revised Code, as they exist on July 1, 2001, for an initial financing statement;(2) Identify the financing statement filed before July 1, 2001, by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3) Indicate that the financing statement filed before July 1, 2001, remains effective.
Ohio Rev Code § 1309.707 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.707 | Pre-Effective-Date Financing Statement - Ucc 9-707.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) As used in this section, "pre-effective-date financing statement" means a financing statement filed before July 1, 2001. (B) On or after July 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in sections 1309.301 to 1309.342 of the Revised Code, as they exist on July 1, 2001. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(C) Except as otherwise provided in division (D) of this section, if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after July 1, 2001, only if:(1) The pre-effective-date financing statement and an amendment are filed in the office specified in section 1309.501 of the Revised Code, as it exists on July 1, 2001;(2) An amendment is filed in the office specified in section 1309.501 of the Revised Code, as it exists on July 1, 2001, concurrently with, or after the filing in that office of, an initial financing statement that satisfies division (C) of section 1309.706 of the Revised Code as it exists on July 1, 2001.(3) An initial financing statement that provides the information as amended and satisfies division (C) of section 1309.706 of the Revised Code as it exists on July 1, 2001 is filed in the office specified in section 1309.501 of the Revised Code, as it exists on July 1, 2001.(D) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under division (D) or (F) of section 1309.705 or section 1309.706 of the Revised Code as it exists on July 1, 2001.(E) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after July 1, 2001, by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies division (C) of section 1309.706 of the Revised Code as it exists on July 1, 2001, has been filed in the office specified by the law of the jurisdiction governing perfection as provided in sections 1309.301 to 1309.342 of the Revised Code, as they exist on July 1, 2001, as the office in which to file a financing statement.
Ohio Rev Code § 1309.708 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.708 | Persons Entitled to File Initial Financing Statement or Continuation Statement - Ucc 9-708.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|A person may file an initial financing statement or a continuation statement under this section if: (A) The secured party of record authorizes the filing; and(B) The filing is necessary under this section:(1) To continue the effectiveness of a financing statement filed before July 1, 2001; or(2) To perfect or continue the perfection of a security interest.
Ohio Rev Code § 1309.709 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.709 | Priority - Ucc 9-709.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) This chapter determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, the law in effect at the time the priorities of the claims were established determines priority. (B) For purposes of division (A) of section 1309.322 of the Revised Code, as it exists on July 1, 2001, the priority of a security interest that becomes enforceable under section 1309.203 of the Revised Code, as it exists on July 1, 2001, dates from July 1, 2001, if the security interest is perfected under this chapter by the filing of a financing statement before July 1, 2001, that would not have been effective to perfect the security interest under the law in effect at the time of the filing. This division does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.
Ohio Rev Code § 1310.02 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.02 | Provisions Apply to All Transactions Creating Lease - Application of Other Laws - Ucc 2a-104.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) Sections 1310.01 to 1310.78 of the Revised Code apply to any transaction, regardless of form, that creates a lease.(B)(1) A lease, although subject to sections 1310.01 to 1310.78 of the Revised Code, is also subject to Chapter 1548., 4505., or 4585. of the Revised Code, any applicable certificate of title statute of another jurisdiction as provided in section 1310.03 of the Revised Code, and Chapter 1345., 1349., or 1351. of the Revised Code.(2) If there is a conflict between the provisions of sections 1310.01 to 1310.78 of the Revised Code, other than section 1310.03, division (C) of section 1310.32, and division (C) of section 1310.33 of the Revised Code, and any statute referred to in division (B)(1) of this section, the provisions of that statute control.(3) A failure to comply with any applicable statute has only the effect specified in that statute.