Ohio § 1303.50
Full text of Ohio Ohio Revised Code § 1303.50, with citation guidance and answers to common questions.
§ 1303.50.
(A) “ Alteration ” means either of the following: (1) An unauthorized change in an instrument that purports to modify in any respect the
obligation of a party. (2) An unauthorized addition of words or numbers or other change to an incomplete instrument
relating to the obligation of a party. (B) Except as provided in division (C) of this section, an alteration fraudulently made
discharges a party whose obligation is affected by the alteration unless that party
assents or is precluded from asserting the alteration. No other alteration discharges a party, and the instrument may be enforced according
to its original terms. (C) A payor bank or drawee paying a fraudulently altered instrument or a person taking
it for value, in good faith and without notice of the alteration, may enforce rights
with respect to the instrument according to its original terms or, if the incomplete
instrument was altered by unauthorized completion, according to its terms as completed.
Frequently Asked Questions About Ohio § 1303.50
What does Ohio Revised Code § 1303.50 cover?
Section 1303.50 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 § 1303.50?
A common citation format is "Ohio Revised Code § 1303.50" (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 § 1303.50 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.