Ohio § 4969.05
Full text of Ohio Ohio Revised Code § 4969.05, with citation guidance and answers to common questions.
§ 4969.05.
No contract for the sale of railroad equipment, rolling stock, or other personal property
to be used in or about the operation of a railroad, by the terms of which the purchase
money, in whole or part, is to be paid in the future, and in which it is stipulated
or conditioned that the title to the property sold shall not vest in the vendee, but
shall remain in the vendor until the purchase money has been fully paid, is valid
against creditors or innocent purchasers for value, unless such contract is recorded,
or a copy thereof is filed in the office of the secretary of state. When the contract is so recorded, or a copy thereof so filed, the title to the property
sold, or contracted to be sold, shall not vest in the vendee, but remain in the vendor
until the purchase money has been fully paid. Such stipulation or condition is and shall remain valid, notwithstanding the delivery
of the property to and its possession by the vendee. The secretary of state, upon being paid the proper fees shall record any such contract,
and shall file in his office a copy of any such contract, when it is delivered to
him for that purpose. For every copy so filed he shall receive one dollar.
Frequently Asked Questions About Ohio § 4969.05
What does Ohio Revised Code § 4969.05 cover?
Section 4969.05 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 § 4969.05?
A common citation format is "Ohio Revised Code § 4969.05" (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 § 4969.05 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.