Ohio § 1309.628
Full text of Ohio Ohio Revised Code § 1309.628, with citation guidance and answers to common questions.
§ 1309.628.
(A) Unless a secured party knows that a person is a debtor or obligor, knows the identity
of the person, and knows how to communicate with the person: (1) The secured party is not liable to the person, or to a secured party or lienholder
that has filed a financing statement against the person, for failure to comply with
this chapter; and (2) The failure of the secured party to comply with this chapter does not affect the
liability of the person for a deficiency. (B) A secured party is not liable because of its status as secured party: (1) To a person that is a debtor or obligor, unless the secured party knows; (a) That the person is a debtor or obligor; (b) The identity of the person; and (c) How to communicate with the person; or (2) To a secured party or lienholder that has filed a financing statement against a person,
unless the secured party knows: (a) That the person is a debtor; and (b) The identity of the person. (C) A secured party is not liable to any person, and a person's liability for a deficiency
is not affected, because of any act or omission arising out of the secured party's
reasonable belief that a transaction is not a consumer-goods transaction or a consumer
transaction or that goods are not consumer goods, if the secured party's belief is
based on its reasonable reliance on: (1) A debtor's representation concerning the purpose for which collateral was to be used,
acquired, or held; or (2) An obligor's representation concerning the purpose for which a secured obligation
was incurred. (D) A secured party is not liable to any person under division (C)(2) of section 1309.625 of the Revised Code for its failure to comply with section 1309.616 of the Revised Code . (E) A secured party is not liable under division (C)(2) of section 1309.625 of the Revised Code more than once with respect to any one secured obligation.
Frequently Asked Questions About Ohio § 1309.628
What does Ohio Revised Code § 1309.628 cover?
Section 1309.628 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 § 1309.628?
A common citation format is "Ohio Revised Code § 1309.628" (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 § 1309.628 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.