reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1309.202 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.202 | Title to Collateral Immaterial - Ucc 9-202.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this chapter with regard to rights and obligations apply whether title to collateral is in the secured party or in the debtor.
Ohio Rev Code § 1309.204 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.204 | After-Acquired Property - Future Advances - Ucc 9-204.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Except as provided in division (B) of this section, a security agreement may create or provide for a security interest in after-acquired collateral.(B) A security interest does not attach under a term constituting an after-acquired property clause to:(1) Consumer goods other than accessions when given as additional security unless the debtor acquires rights in them within ten days after the secured party gives value; or(2) A commercial tort claim.(C) A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment.
Ohio Rev Code § 1309.205 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.205 | Use or Disposition of Collateral Permissible - Ucc 9-205.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A security interest is not invalid or fraudulent against creditors solely because:(1) The debtor has the right or ability to:(a) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;(b) Collect, compromise, enforce, or otherwise deal with collateral;(c) Accept the return of collateral or make repossessions; or(d) Use, commingle, or dispose of proceeds; or(2) The secured party fails to require the debtor to account for proceeds or replace collateral.(B) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.
Ohio Rev Code § 1309.206 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.206 | Security Interest Arising in Purchase or Delivery of Financial Asset - Ucc 9-206.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A security interest in favor of a securities intermediary attaches to a person's security entitlement if:(1) The person buys a financial asset through a securities intermediary in a transaction in which the person is obligated to pay the purchase price to the securities intermediary at the time of the purchase; and(2) The securities intermediary credits the financial asset to the buyer's securities account before the buyer pays the securities intermediary.(B) The security interest described in division (A) of this section secures the person's obligation to pay for the financial asset.(C) A security interest in favor of a person that delivers a certificated security or other financial asset represented by a writing attaches to the security or other financial asset if:(1) The security or other financial asset:(a) In the ordinary course of business is transferred by delivery with any necessary indorsement or assignment; and(b) Is delivered under an agreement between persons in the business of dealing with such securities or financial assets; and(2) The agreement calls for delivery against payment.(D) The security interest described in division (C) of this section secures the obligation to make payment for the delivery.
Ohio Rev Code § 1309.207 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.207 | Rights and Duties of Secured Party Having Possession or Control of Collateral - Ucc 9-207.

Effective: June 29, 2011|Latest Legislation:  House Bill 9 - 129th General Assembly|(A) Except as otherwise provided in division (D) of this section, a secured party shall use reasonable care in the custody and preservation of collateral in the secured party's possession. In the case of an instrument or chattel paper, reasonable care includes taking necessary steps to preserve rights against prior parties unless otherwise agreed. (B) Except as otherwise provided in division (D) of this section, if a secured party has possession of collateral:(1) Reasonable expenses, including the cost of insurance and payment of taxes or other charges, incurred in the custody, preservation, use, or operation of the collateral are chargeable to the debtor and are secured by the collateral;(2) The risk of accidental loss or damage is on the debtor to the extent of a deficiency in any effective insurance coverage;(3) The secured party shall keep the collateral identifiable but fungible collateral may be commingled; and(4) The secured party may use or operate the collateral:(a) For the purpose of preserving the collateral or its value;(b) As permitted by an order of a court having competent jurisdiction; or(c) Except in the case of consumer goods, in the manner and to the extent agreed by the debtor.(C) Except as otherwise provided in division (D) of this section, a secured party having possession of collateral or control of collateral under section 1307.106, 1309.104, 1309.105, 1309.106, or 1309.107 of the Revised Code:(1) May hold as additional security any proceeds, except money or funds, received from the collateral;(2) Shall apply money or funds received from the collateral to reduce the secured obligation, unless remitted to the debtor; and(3) May create a security interest in the collateral.(D) If the secured party is a buyer of accounts, chattel paper, payment intangibles, or promissory notes or a consignor:(1) Division (A) of this section does not apply unless the secured party is entitled under an agreement:(a) To charge back uncollected collateral; or(b) Otherwise to full or limited recourse against the debtor or a secondary obligor based on the nonpayment or other default of an account debtor or other obligor on the collateral; and(2) Divisions (B) and (C) of this section do not apply.
Ohio Rev Code § 1309.209 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.209 | Duties of Secured Party if Account Debtor Has Been Notified of Assignment - Ucc 9-209.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Except as otherwise provided in division (C) of this section, this section applies if:(1) There is no outstanding secured obligation; and(2) The secured party is not committed to make advances, incur obligations, or otherwise give value.(B) Within ten days after receiving an authenticated demand by the debtor, a secured party shall send to an account debtor that has received notification of an assignment to the secured party as assignee under division (A) of section 1309.406 of the Revised Code an authenticated record that releases the account debtor from any further obligation to the secured party.(C) This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.
Ohio Rev Code § 1309.301 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.301 | Law Governing Perfection and Priority of Security Interests - Ucc 9-301.

Effective: June 29, 2011|Latest Legislation:  House Bill 9 - 129th General Assembly|Except as otherwise provided in sections 1309.303 to 1309.306 of the Revised Code, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral: (A) Except as otherwise provided in this section, while a debtor is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral.(B) While collateral is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a possessory security interest in that collateral.(C) Except as otherwise provided in division (D) of this section, while tangible negotiable documents, goods, instruments, money, or tangible chattel paper is located in a jurisdiction, the local law of that jurisdiction governs:(1) Perfection of a security interest in the goods by filing a fixture filing;(2) Perfection of a security interest in timber to be cut; and(3) The effect of perfection or nonperfection and the priority of a nonpossessory security interest in the collateral.(D) The local law of the jurisdiction in which the wellhead or minehead is located governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in as-extracted collateral.
Ohio Rev Code § 1309.302 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.302 | Law Governing Perfection and Priority of Agricultural Liens - Ucc 9-302.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.
Ohio Rev Code § 1309.303 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.303 | Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title - Ucc 9-303.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) This section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goods are covered and the goods or the debtor.(B) Goods become covered by a certificate of title when a valid application for the certificate of title and the applicable fee are delivered to the appropriate authority. Goods cease to be covered by a certificate of title at the earlier of the time the certificate of title ceases to be effective under the law of the issuing jurisdiction or the time the goods become covered subsequently by a certificate of title issued by another jurisdiction.(C) The local law of the jurisdiction under whose certificate of title the goods are covered governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in goods covered by a certificate of title from the time the goods become covered by the certificate of title until the goods cease to be covered by the certificate of title.
Ohio Rev Code § 1309.304 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.304 | Law Governing Perfection and Priority of Security Interests in Deposit Accounts - Ucc 9-304.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank.(B) The following rules determine a bank's jurisdiction for purposes of this section:(1) If an agreement between the bank and the debtor governing the deposit account expressly provides that a particular jurisdiction is the bank's jurisdiction for purposes of this chapter or Chapters 1301. to 1305. and 1307. to 1310. of the Revised Code, that jurisdiction is the bank's jurisdiction.(2) If division (B)(1) of this section does not apply and an agreement between the bank and its customer governing the deposit account expressly provides that the agreement is governed by the law of a particular jurisdiction, that jurisdiction is the bank's jurisdiction.(3) If neither division (B)(1) nor (2) of this section applies and an agreement between the bank and its customer governing the deposit account expressly provides that the deposit account is maintained at an office in a particular jurisdiction, that jurisdiction is the bank's jurisdiction.(4) If neither division (B)(1), (2), nor (3) of this section applies, the bank's jurisdiction is the jurisdiction in which the office identified in an account statement as the office serving the customer's account is located.(5) If neither division (B)(1), (2), (3), nor (4) of this section applies, the bank's jurisdiction is the jurisdiction in which the chief executive office of the bank is located.
Ohio Rev Code § 1309.306 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.306 | Law Governing Perfection and Priority of Security Interests in Letter-of-Credit Rights - Ucc 9-306.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Subject to division (C) of this section, the local law of the issuer's jurisdiction or a nominated person's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a letter-of-credit right if the issuer's jurisdiction or nominated person's jurisdiction is a state.(B) For purposes of sections 1309.301 to 1309.342 of the Revised Code, an issuer's jurisdiction or nominated person's jurisdiction is the jurisdiction whose law governs the liability of the issuer or nominated person with respect to the letter-of-credit right as provided in section 1305.15 of the Revised Code.(C) This section does not apply to a security interest that is perfected only under division (D) of section 1309.308 of the Revised Code.
Ohio Rev Code § 1309.308 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.308 | When Security Interest or Agricultural Lien Is Perfected - Continuity of Perfection - Ucc 9-308.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Except as otherwise provided in this section and section 1309.309 of the Revised Code, a security interest is perfected if it has attached and all of the applicable requirements for perfection in sections 1309.310 to 1309.316 of the Revised Code have been satisfied. A security interest is perfected when it attaches if the applicable requirements are satisfied before the security interest attaches.(B) An agricultural lien is perfected if it has become effective and all of the applicable requirements for perfection in section 1309.310 of the Revised Code have been satisfied. An agricultural lien is perfected when it becomes effective if the applicable requirements are satisfied before the agricultural lien becomes effective.(C) A security interest or agricultural lien is perfected continuously if it is originally perfected by one method under this chapter and is later perfected by another method under this chapter, without an intermediate period when it was unperfected.(D) Perfection of a security interest in collateral also perfects a security interest in a supporting obligation for the collateral.(E) Perfection of a security interest in a right to payment or performance also perfects a security interest in a security interest, mortgage, or other lien on personal or real property securing the right.(F) Perfection of a security interest in a securities account also perfects a security interest in the security entitlements carried in the securities account.(G) Perfection of a security interest in a commodity account also perfects a security interest in the commodity contracts carried in the commodity account.
Ohio Rev Code § 1309.309 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.309 | Security Interest Perfected Upon Attachment - Ucc 9-309.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|The following security interests are perfected when they attach:(A) A purchase money security interest in consumer goods, except as otherwise provided in division (B) of section 1309.311 of the Revised Code with respect to consumer goods that are subject to a statute or treaty described in division (A) of section 1309.311 of the Revised Code;(B) An assignment of accounts or payment intangibles that does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles;(C) A sale of a payment intangible;(D) A sale of a promissory note;(E) A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;(F) A security interest arising under section 1302.42, 1302.49, division (C) of section 1302.85, or division (E) of section 1310.54 of the Revised Code, until the debtor obtains possession of the collateral;(G) A security interest of a collecting bank arising under section 1304.20 of the Revised Code;(H) A security interest of an issuer or nominated person arising under section 1305.18 of the Revised Code;(I) A security interest arising in the delivery of a financial asset under division (C) of section 1309.206 of the Revised Code;(J) A security interest in investment property created by a broker or securities intermediary;(K) A security interest in a commodity contract or a commodity account created by a commodity intermediary;(L) An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and(M) A security interest created by an assignment of a beneficial interest in a decedent's estate.
Ohio Rev Code § 1309.310 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.310 | When Filing Required to Perfect Security Interest or Agricultural Lien - Security Interests and Agricultural Liens to Which Filing Provisions Do Not Apply - Ucc 9-310.

Effective: June 29, 2011|Latest Legislation:  House Bill 9 - 129th General Assembly|(A) Except as otherwise provided in division (B) of this section and division (B) of section 1309.312 of the Revised Code, a financing statement must be filed to perfect all security interests and agricultural liens. (B) The filing of a financing statement is not necessary to perfect a security interest:(1) That is perfected under division (D), (E), (F), or (G) of section 1309.308 of the Revised Code;(2) That is perfected under section 1309.309 of the Revised Code when it attaches;(3) In property subject to a statute, regulation, or treaty described in division (A) of section 1309.311 of the Revised Code;(4) In goods in possession of a bailee which is perfected under division (D)(1) or (2) of section 1309.312 of the Revised Code;(5) In certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under division (E), (F), or (G) of section 1309.312 of the Revised Code;(6) In collateral in the secured party's possession under section 1309.313 of the Revised Code;(7) In a certificated security perfected by delivery of the security certificate to the secured party under section 1309.313 of the Revised Code;(8) In deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights perfected by control under section 1309.314 of the Revised Code;(9) In proceeds which is perfected under section 1309.315 of the Revised Code; or(10) That is perfected under section 1309.316 of the Revised Code.(C) If a secured party assigns a perfected security interest or agricultural lien, a filing under this chapter is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.
Ohio Rev Code § 1309.311 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1309 | Secured Transactions|Section 1309.311 | Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties - Ucc 9-311.

Effective: July 1, 2013|Latest Legislation:  Senate Bill 208 - 129th General Assembly|(A) Except as otherwise provided in division (D) of this section, the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to: (1) A statute, regulation, or treaty of the United States whose requirements for a security interest's obtaining priority over the rights of a lien creditor with respect to the property preempt division (A) of section 1309.310 of the Revised Code;(2) Chapters 1547., 1548., 4505., 4519., and 5309. of the Revised Code;(3) A statute of another jurisdiction that provides for a security interest to be indicated on a certificate of title as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the property.(B) Compliance with the requirements of a statute, regulation, or treaty described in division (A) of this section for obtaining priority over the rights of a lien creditor is equivalent to the filing of a financing statement under this chapter. Except as otherwise provided in division (D) of this section, section 1309.313, and divisions (D) and (E) of section 1309.316 of the Revised Code for goods covered by a certificate of title, a security interest in property subject to a statute, regulation, or treaty described in division (A) of this section may be perfected only by compliance with those requirements, and a security interest so perfected remains perfected notwithstanding a change in the use or transfer of possession of the collateral.(C) Except as otherwise provided in division (D) of this section and divisions (D) and (E) of section 1309.316 of the Revised Code, duration and renewal of perfection of a security interest perfected by compliance with the requirements prescribed by a statute, regulation, or treaty described in division (A) of this section are governed by the statute, regulation, or treaty. In other respects, the security interest is subject to this chapter.(D) During any period in which collateral subject to a statute specified in division (A)(2) of this section is inventory held for sale or lease by a person or leased by that person as lessor and that person is in the business of selling goods of that kind, this section does not apply to a security interest in that collateral created by that person.