Ohio § 1309.209
Full text of Ohio Ohio Revised Code § 1309.209, with citation guidance and answers to common questions.
§ 1309.209.
(A) Except as otherwise provided in division (C) of this section, this section applies
if: (1) There is no outstanding secured obligation; and (2) The secured party is not committed to make advances, incur obligations, or otherwise
give value. (B) Within ten days after receiving an authenticated demand by the debtor, a secured
party shall send to an account debtor that has received notification of an assignment
to the secured party as assignee under division (A) of section 1309.406 of the Revised Code an authenticated record that releases the account debtor from any further obligation
to the secured party. (C) This section does not apply to an assignment constituting the sale of an account,
chattel paper, or payment intangible.
Frequently Asked Questions About Ohio § 1309.209
What does Ohio Revised Code § 1309.209 cover?
Section 1309.209 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 § 1309.209?
A common citation format is "Ohio Revised Code § 1309.209" (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 § 1309.209 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.