Ohio § 1309.326
Full text of Ohio Ohio Revised Code § 1309.326, with citation guidance and answers to common questions.
§ 1309.326.
(A) Subject to division (B) of this section, a security interest that is created by a
new debtor in collateral in which the new debtor has or acquires rights and is perfected
solely by a filed financing statement that would be ineffective to perfect the security
interest but for the application of division (I)(1) of section 1309.316 of the Revised Code or section 1309.508 of the Revised Code is subordinate to a security interest in the same collateral that is perfected other
than by such a filed financing statement. (B) Sections 1309.301 to 1309.342 of the Revised Code determine the priority among conflicting security interests in the same collateral
perfected by filed financing statements described in division (A) of this section. However, if the security agreements to which a new debtor became bound as debtor
were not entered into by the same original debtor, the conflicting security interests
rank according to priority in time of the new debtor's having become bound.
Frequently Asked Questions About Ohio § 1309.326
What does Ohio Revised Code § 1309.326 cover?
Section 1309.326 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 § 1309.326?
A common citation format is "Ohio Revised Code § 1309.326" (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 § 1309.326 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.