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Ohio · Through 2026-10-06 (House Bill 195 - 136th General Assembly)

Ohio Rev. Code § 1309.113: No requirement to acknowledge or confirm; no duties - UCC 9-107B.

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Where this section sits in the code
  1. Title 13 Commercial Transactions
  2. Chapter 1309 Secured Transactions

No requirement to acknowledge or confirm; no duties [UCC 9-107B]

(A) A person that has control under section 1309.104 or 1309.105 of the Revised Code is not required to acknowledge that it has control on behalf of another person.

(B) If a person acknowledges that it has or will obtain control on behalf of another person, unless the person otherwise agrees or law other than this chapter otherwise provides, the person does not owe any duty to the other person and is not required to confirm the acknowledgment to any other person.

Collected 2026-09-14T19:24:29Z. Source file · JSON

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