Ohio § 1309.505
Full text of Ohio Ohio Revised Code § 1309.505, with citation guidance and answers to common questions.
§ 1309.505.
(A) A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment
intangible or promissory note may file a financing statement, or may comply with a
statute or treaty described in division (A) of section 1309.311 of the Revised Code , using the terms “ consignor ,” “ consignee ,” “ lessor ,” “ lessee ,” “bailor,” “bailee,” “licensor,” “licensee,” “owner,” “registered owner,” “buyer,”
“seller,” or words of similar import, instead of the terms “secured party” and “debtor.” (B) Sections 1309.501 to 1309.527 of the Revised Code apply to the filing of a financing statement under division (A) of this section and,
as appropriate, to compliance that is equivalent to filing a financing statement under division (B) of section 1309.311 of the Revised Code , but the filing or compliance is not of itself a factor in determining whether the
collateral secures an obligation. If it is determined for another reason that the collateral secures an obligation,
a security interest held by the consignor, lessor, bailor, licensor, owner, or buyer
that attaches to the collateral is perfected by the filing or compliance.
Frequently Asked Questions About Ohio § 1309.505
What does Ohio Revised Code § 1309.505 cover?
Section 1309.505 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 § 1309.505?
A common citation format is "Ohio Revised Code § 1309.505" (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 § 1309.505 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.