Ohio § 1353.03
Full text of Ohio Ohio Revised Code § 1353.03, with citation guidance and answers to common questions.
§ 1353.03.
(A) This chapter does not affect any security interest which any person, financial institution,
or supplier has in the inventory of the dealer or affect a supplier's right to charge
back to a dealer's account amounts previously paid or credited as a discount incident
to the dealer's purchase of the repurchased inventory. (B) The provisions of this chapter are supplemental to any agreement between the dealer
and the supplier governing the return of inventory pursuant to a termination of the
dealer agreement. A dealer to whom this chapter applies may elect to pursue either a contract remedy
or to enforce a repurchase of inventory under this chapter. An election by the dealer to pursue a contract remedy does not bar the right of
the dealer to demand the repurchase under this chapter of inventory not affected by
the contract remedy.
Frequently Asked Questions About Ohio § 1353.03
What does Ohio Revised Code § 1353.03 cover?
Section 1353.03 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 § 1353.03?
A common citation format is "Ohio Revised Code § 1353.03" (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 § 1353.03 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.