Ohio § 1302.74
Full text of Ohio Ohio Revised Code § 1302.74, with citation guidance and answers to common questions.
§ 1302.74.
(A) Where the buyer receives notification of a material or indefinite delay or an allocation
justified under section 1302.73 of the Revised Code , he may by written notification to the seller as to any delivery concerned, and where
the prospective deficiency substantially impairs the value of the whole contract under section 1302.70 of the Revised Code relating to breach of installment contracts, then also as to the whole: (1) terminate and thereby discharge any unexecuted portion of the contract; or (2) modify the contract by agreeing to take his available quota in substitution. (B) If after receipt of such notification from the seller the buyer fails so to modify
the contract within a reasonable time not exceeding thirty days the contract lapses
with respect to any deliveries affected. (C) The provisions of this section may not be negated by agreement except in so far as
the seller has assumed a greater obligation under section 1302.73 of the Revised Code .
Frequently Asked Questions About Ohio § 1302.74
What does Ohio Revised Code § 1302.74 cover?
Section 1302.74 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1302.74?
A common citation format is "Ohio Revised Code § 1302.74" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1302.74 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.