Ohio § 1302.45
Full text of Ohio Ohio Revised Code § 1302.45, with citation guidance and answers to common questions.
§ 1302.45.
(A) The buyer obtains a special property and an insurable interest in goods by identification
of existing goods as goods to which the contract refers even though the goods so identified
are nonconforming and he has an option to return or reject them. Such identification can be made at any time and in any manner explicitly agreed
to by the parties. In the absence of explicit agreement identification occurs: (1) when the contract is made if it is for the sale of goods already existing and identified; (2) if the contract is for the sale of future goods other than those described in division
(A)(3) of this section, when goods are shipped, marked, or otherwise designated by
the seller as goods to which the contract refers; (3) when the crops are planted or otherwise become growing crops or the young are conceived
if the contract is for the sale of unborn young to be born within twelve months after
contracting or for the sale of crops to be harvested within twelve months or the next
normal harvest season after contracting whichever is longer. (B) The seller retains an insurable interest in goods so long as title to or any security
interest in the goods remains in him and where the identification is by the seller
alone he may until default or insolvency or notification to the buyer that the identification
is final substitute other goods for those identified. (C) Nothing in this section impairs any insurable interest recognized under any other
statute or rule of law.
Frequently Asked Questions About Ohio § 1302.45
What does Ohio Revised Code § 1302.45 cover?
Section 1302.45 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 § 1302.45?
A common citation format is "Ohio Revised Code § 1302.45" (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 § 1302.45 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.