Ohio § 1310.07
Full text of Ohio Ohio Revised Code § 1310.07, with citation guidance and answers to common questions.
§ 1310.07.
(A) A term providing that one party or his successor in interest may accelerate payment
or performance or require collateral or additional collateral “ at will ,” “when he deems himself insecure,” or in words of similar import shall be construed
to mean that he has power to do so only if he believes in good faith that the prospect
of payment or performance is impaired. (B) With respect to a consumer lease, the burden of establishing good faith under division
(A) of this section is on the party who exercised the power. Otherwise, the burden of establishing lack of good faith is on the party against
whom the power has been exercised.
Frequently Asked Questions About Ohio § 1310.07
What does Ohio Revised Code § 1310.07 cover?
Section 1310.07 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 § 1310.07?
A common citation format is "Ohio Revised Code § 1310.07" (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 § 1310.07 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.