Ohio § 1309.703
Full text of Ohio Ohio Revised Code § 1309.703, with citation guidance and answers to common questions.
§ 1309.703.
(A) A security interest that is enforceable immediately before July 1, 2001, and that
would have priority over the rights of a person who becomes a lien creditor at that
time is a perfected security interest under this chapter if, on July 1, 2001, the
applicable requirements for enforceability and perfection under this chapter are satisfied
without further action. (B) Except as otherwise provided in section 1309.705 of the Revised Code , if, immediately before July 1, 2001, a security interest is enforceable and would
have priority over the rights of a person who becomes a lien creditor at that time,
but the applicable requirements for enforceability or perfection under this chapter
are not satisfied on July 1, 2001, the security interest: (1) Is a perfected security interest until July 1, 2002; (2) Remains enforceable after the date specified in division (B)(1) of this section only
if the security interest becomes enforceable under section 1309.203 of the Revised Code on or before July 1, 2002; (3) Remains perfected after the date specified in division (B)(1) of this section only
if the applicable requirements for perfection under this chapter are satisfied on
or before July 1, 2002.
Frequently Asked Questions About Ohio § 1309.703
What does Ohio Revised Code § 1309.703 cover?
Section 1309.703 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 § 1309.703?
A common citation format is "Ohio Revised Code § 1309.703" (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 § 1309.703 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.