Ohio § 1309.105
Full text of Ohio Ohio Revised Code § 1309.105, with citation guidance and answers to common questions.
§ 1309.105.
(A) A secured party has control of electronic chattel paper if a system employed for
evidencing the transfer of interests in the chattel paper reliably establishes the
secured party as the person to which the chattel paper was assigned. (B) A system satisfies division (A) of this section if the record or records comprising
the chattel paper are created, stored, and assigned in such a manner that: (1) A single authoritative copy of the record or records exists that is unique, identifiable,
and, except as otherwise provided in divisions (B)(4), (5), and (6) of this section,
unalterable; (2) The authoritative copy identifies the secured party as the assignee of the record
or records; (3) The authoritative copy is communicated to and maintained by the secured party or
its designated custodian; (4) Copies or amendments that add or change an identified assignee of the authoritative
copy may be made only with the consent of the secured party; (5) Each copy of the authoritative copy and any copy of a copy is readily identifiable
as a copy that is not the authoritative copy; and (6) Any amendment of the authoritative copy is readily identifiable as authorized or
unauthorized.
Frequently Asked Questions About Ohio § 1309.105
What does Ohio Revised Code § 1309.105 cover?
Section 1309.105 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 § 1309.105?
A common citation format is "Ohio Revised Code § 1309.105" (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 § 1309.105 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.