{"data":{"id":"us-oh/ohio-rev.-code-1309.205","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1309.205","heading":"Use or disposition of collateral permissible - UCC 9-205.","body":"(A) A security interest is not invalid or fraudulent against creditors solely because:\n(1) The debtor has the right or ability to:\n(a) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n(b) Collect, compromise, enforce, or otherwise deal with collateral;\n(c) Accept the return of collateral or make repossessions; or\n(d) Use, commingle, or dispose of proceeds; or\n(2) The secured party fails to require the debtor to account for proceeds or replace collateral.\n(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.","path":["Title 13 Commercial Transactions","Chapter 1309 Secured Transactions"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1309.205","current_through":"2001-07-01 (Senate Bill 74 - 124th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"6477cfa302f205d64b3c11eb66bcec350a08fff69dc4c4ac7e1c1801256a45f6","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1309.204","next":"us-oh/ohio-rev.-code-1309.206"},"notice":"GroundRules: Original legal text. Not legal advice."}