Ohio § 1310.26
Full text of Ohio Ohio Revised Code § 1310.26, with citation guidance and answers to common questions.
§ 1310.26.
(A) Except in the case of a finance lease, risk of loss is retained by the lessor and
does not pass to the lessee. In the case of a finance lease, risk of loss passes to the lessee. (B) Subject to the provisions of section 1310.27 of the Revised Code on the effect of default on risk of loss, if risk of loss is to pass to the lessee
and the time of passage is not stated, the following rules apply: (1) If the lease contract requires or authorizes the goods to be shipped by carrier and
does not require delivery at a particular destination, the risk of loss passes to
the lessee when the goods are duly delivered to the carrier. If it does require delivery at a particular destination and the goods are duly tendered
at that particular destination while in the possession of the carrier, the risk of
loss passes to the lessee when the goods are duly so tendered at that particular destination
as to enable the lessee to take delivery. (2) If the goods are held by a bailee to be delivered without being moved, the risk of
loss passes to the lessee on acknowledgment by the bailee of the lessee's right to
possession of the goods. (3) In any case not within division (B)(1) or (2) of this section, the risk of loss passes
to the lessee on the lessee's receipt of the goods, if the lessor or, in the case
of a finance lease, the supplier is a merchant; otherwise, the risk of loss passes
to the lessee on tender of delivery.
Frequently Asked Questions About Ohio § 1310.26
What does Ohio Revised Code § 1310.26 cover?
Section 1310.26 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 § 1310.26?
A common citation format is "Ohio Revised Code § 1310.26" (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 § 1310.26 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.