Ohio § 1309.614

Full text of Ohio Ohio Revised Code § 1309.614, with citation guidance and answers to common questions.

§ 1309.614.

(A) In a consumer-goods transaction, the following rules apply: (1) A notification of disposition must provide all of the following information: (a) The information specified in division (A)(1) of section 1309.613 of the Revised Code ; (b) A description of any liability for a deficiency of the person to whom the notification

is sent; (c) A telephone number from which the amount that must be paid to the secured party to

redeem the collateral under section 1309.623 of the Revised Code is available;  and (d) A telephone number or mailing address from which additional information concerning

the disposition and the obligation secured is available. (2) A particular phrasing of the notification is not required. (B) The following form of notification of disposition, when completed, provides sufficient

information: “(Name and address of secured party) (Date) NOTICE OF OUR PLAN TO SELL PROPERTY (Name and address of any obligor who is also a debtor) Subject:  (Identification of Transaction) We have your (describe collateral), because you broke promises in our agreement. (For a public disposition) We will sell (describe collateral) at public sale.  A sale could include a lease or license.  The sale will be held as follows: Day and date:  __________ Time:  __________ Place:  __________ You may attend the sale and bring bidders if you want. (For a private disposition) We will sell (describe collateral) at private sale sometime after (date).  A sale could include a lease or license. The money that we get from the sale (after paying our costs) will reduce the amount

you owe.  If we get less money than you owe, you (will or will not, as applicable) still owe

us the difference.  If we get more money than you owe, you will get the extra money, unless we must

pay it to someone else.  You can get the property back at any time before we sell it by paying us the full

amount you owe (not just the past due payments), including our expenses.  To learn the exact amount you must pay, call us at (telephone number). If you want us to explain to you in writing how we have figured the amount that you

owe us, you may call us at (telephone number) (or write us at (secured party's address))

and request a written explanation.  (We will charge you $ _____ for the explanation if we sent you another written explanation of the amount you

owe us within the last six months.) If you need more information about the sale, call us at (telephone number) (or write

us at (secured party's address)). We are sending this notice to the following other people who have an interest in (describe

collateral) or who owe money under your agreement: (Names of all other debtors and obligors, if any).” (C) A notification in, the form contained in division (B) of this section is sufficient,

even if additional information appears at the end of the form. (D) A notification in the form of division (B) of this section is sufficient, even if

it includes errors in information not required by division (A)(1) of this section,

unless the error is misleading with respect to rights arising under this chapter. (E) If a notification under this section is not in the form contained in division (B)

of this section, law other than this chapter determines the effect of including information

not required by division (A)(1) of this section.

Frequently Asked Questions About Ohio § 1309.614

What does Ohio Revised Code § 1309.614 cover?

Section 1309.614 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 § 1309.614?

A common citation format is "Ohio Revised Code § 1309.614" (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 § 1309.614 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.