Ohio § 1313.24
Full text of Ohio Ohio Revised Code § 1313.24, with citation guidance and answers to common questions.
§ 1313.24.
When the probate court is satisfied that it would be for the advantage of the creditors
of the assignor to sell part, or all, of the real or personal property in this state
assigned for the benefit of creditors at private sale, it may authorize the assignee
or trustee for the benefit of creditors to sell it either for cash or upon such other
terms as the court orders. No real property lying in this state shall be sold for less than two thirds of its
appraised value, nor shall any personal property be sold for less than two thirds
of its appraisement, unless upon good cause shown the court orders the assignee or
trustee to sell it for a less amount.
Frequently Asked Questions About Ohio § 1313.24
What does Ohio Revised Code § 1313.24 cover?
Section 1313.24 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 § 1313.24?
A common citation format is "Ohio Revised Code § 1313.24" (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 § 1313.24 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.