Ohio § 1307.508
Full text of Ohio Ohio Revised Code § 1307.508, with citation guidance and answers to common questions.
§ 1307.508.
A collecting bank or other intermediary known to be entrusted with documents of title
on behalf of another or with collection of a draft or other claim against delivery
of documents warrants by the delivery of the documents only its own good faith and
authority even if the collecting bank or other intermediary has purchased or made
advances against the claim or draft to be collected.
Frequently Asked Questions About Ohio § 1307.508
What does Ohio Revised Code § 1307.508 cover?
Section 1307.508 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 § 1307.508?
A common citation format is "Ohio Revised Code § 1307.508" (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 § 1307.508 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.