Ohio § 1309.601
Full text of Ohio Ohio Revised Code § 1309.601, with citation guidance and answers to common questions.
§ 1309.601.
(A) After default, a secured party has the rights provided in sections 1309.601 to 1309.628 of the Revised Code and, except as otherwise provided in section 1309.602 of the Revised Code , those provided by agreement of the parties. A secured party: (1) May reduce a claim to judgment, foreclose, or otherwise enforce the claim, security
interest, or agricultural lien by any available judicial procedure; and (2) If the collateral is documents, proceed either as to the documents or as to the goods
they cover. (B) A secured party in possession of collateral or control of collateral under section 1307.106 , 1309.104 , 1309.105 , 1309.106 , or 1309.107 of the Revised Code has the rights and duties provided in section 1309.207 of the Revised Code . (C) The rights under divisions (A) and (B) of this section are cumulative and may be
exercised simultaneously. (D) Except as otherwise provided in division (G) of this section and section 1309.605 of the Revised Code , after default, a debtor and an obligor have the rights provided in sections 1309.601 to 1309.628 of the Revised Code and by agreement of the parties. (E) If a secured party has reduced its claim to judgment, the lien of any levy that may
be made upon the collateral by virtue of an execution based upon the judgment relates
back to the earliest of: (1) The date of perfection of the security interest or agricultural lien in the collateral; (2) The date of filing a financing statement covering the collateral; or (3) Any date specified in a statute under which the agricultural lien was created. (F) A sale pursuant to an execution is a foreclosure of the security interest or agricultural
lien by judicial procedure within the meaning of this section. A secured party may purchase at the sale and after the sale may hold the collateral
free of any other requirements of this chapter. (G) Except as provided in division (C) of section 1309.607 of the Revised Code , sections 1309.601 to 1309.628 of the Revised Code do not impose any duties upon a secured party who is a consignor or a buyer of accounts,
chattel paper, payment intangibles, or promissory notes.
Frequently Asked Questions About Ohio § 1309.601
What does Ohio Revised Code § 1309.601 cover?
Section 1309.601 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 § 1309.601?
A common citation format is "Ohio Revised Code § 1309.601" (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 § 1309.601 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.