Ohio § 1337.46
Full text of Ohio Ohio Revised Code § 1337.46, with citation guidance and answers to common questions.
§ 1337.46.
Unless the power of attorney otherwise provides, language in a power of attorney granting
general authority with respect to tangible personal property authorizes the agent
to do all of the following: (A) Demand, buy, receive, accept as a gift or as security for an extension of credit,
or otherwise acquire or reject ownership or possession of tangible personal property
or an interest in tangible personal property; (B) Sell; exchange; convey with or without covenants, representations, or warranties;
quitclaim; release; surrender; create a security interest in; grant options concerning;
lease; sublease; or otherwise dispose of tangible personal property or an interest
in tangible personal property; (C) Grant a security interest in tangible personal property or an interest in tangible
personal property as security to borrow money or pay, renew, or extend the time of
payment of a debt of the principal or a debt guaranteed by the principal; (D) Release, assign, satisfy, or enforce by litigation or otherwise a security interest,
lien, or other claim on behalf of the principal with respect to tangible personal
property or an interest in tangible personal property; (E) Manage or conserve tangible personal property or an interest in tangible personal
property on behalf of the principal, including all of the following: (1) Insure against liability or casualty or other loss; (2) Obtain or regain possession of or protect the property or interest by litigation
or otherwise; (3) Pay, assess, compromise, or contest taxes or assessments or apply for and receive
refunds in connection with taxes or assessments; (4) Move the property from place to place; (5) Store the property for hire or on a gratuitous bailment; (6) Use and make repairs, alterations, or improvements to the property. (F) Change the form of title of an interest in tangible personal property.
Frequently Asked Questions About Ohio § 1337.46
What does Ohio Revised Code § 1337.46 cover?
Section 1337.46 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 § 1337.46?
A common citation format is "Ohio Revised Code § 1337.46" (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 § 1337.46 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.