Ohio § 1309.509
Full text of Ohio Ohio Revised Code § 1309.509, with citation guidance and answers to common questions.
§ 1309.509.
(A) A person may file an initial financing statement, amendment that adds collateral
covered by a financing statement, or amendment that adds a debtor to a financing statement
only if: (1) The debtor authorizes the filing in an authenticated record or pursuant to division
(B) or (C) of this section; or (2) The person holds an agricultural lien that has become effective at the time of filing,
and the financing statement covers only collateral in which the person holds an agricultural
lien. (B) By authenticating or becoming bound as debtor by a security agreement, a debtor or
new debtor authorizes the filing of an initial financing statement, and an amendment,
covering: (1) The collateral described in the security agreement; and (2) Property that becomes collateral under division (A)(2) of section 1309.315 of the Revised Code , whether or not the security agreement expressly covers proceeds. (C) By acquiring collateral in which a security interest or agricultural lien continues
under division (A)(1) of section 1309.315 of the Revised Code , a debtor authorizes the filing of an initial financing statement, and an amendment,
covering the collateral and property that becomes collateral under division (A)(2) of section 1309.315 of the Revised Code . (D) A person may file an amendment other than an amendment that adds collateral covered
by a financing statement or an amendment that adds a debtor to a financing statement
only if: (1) The secured party of record authorizes the filing; or (2) The amendment is a termination statement for a financing statement as to which the
secured party of record has failed to file or send a termination statement as required
by division (A) or (C) of section 1309.513 of the Revised Code , the debtor authorizes the filing, and the termination statement indicates that the
debtor authorized it to be filed. (E) If there is more than one secured party of record for a financing statement, each
secured party of record may authorize the filing of an amendment under division (D)
of this section.
Frequently Asked Questions About Ohio § 1309.509
What does Ohio Revised Code § 1309.509 cover?
Section 1309.509 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 § 1309.509?
A common citation format is "Ohio Revised Code § 1309.509" (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 § 1309.509 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.