Ohio § 1309.618
Full text of Ohio Ohio Revised Code § 1309.618, with citation guidance and answers to common questions.
§ 1309.618.
(A) A secondary obligor acquires the rights and becomes obligated to perform the duties
of the secured party after the secondary obligor: (1) Receives an assignment of a secured obligation from the secured party; (2) Receives a transfer of collateral from the secured party and agrees to accept the
rights and assume the duties of the secured party; or (3) Is subrogated to the rights of a secured party with respect to collateral. (B) An assignment, transfer, or subrogation described in division (A) of this section: (1) Is not a disposition of collateral under section 1309.610 of the Revised Code ; and (2) Relieves the secured party of further duties under this chapter.
Frequently Asked Questions About Ohio § 1309.618
What does Ohio Revised Code § 1309.618 cover?
Section 1309.618 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 § 1309.618?
A common citation format is "Ohio Revised Code § 1309.618" (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 § 1309.618 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.