Ohio § 926.07
Full text of Ohio Ohio Revised Code § 926.07, with citation guidance and answers to common questions.
§ 926.07.
(A) Each applicant for a handler's license under section 926.05 of the Revised Code who operates a warehouse shall, as a condition to the granting of such license, file
or have on file with the director of agriculture a certificate of insurance evidencing
an effective policy of insurance issued by an insurance company authorized to do business
in this state insuring in the name of the applicant all agricultural commodities which
are in such warehouse for their full market value against loss by fire, internal explosion,
lightning, and windstorm. Such policy of insurance shall contain a clause granting a lien in favor of the
state for the benefit of the depositors of agricultural commodities in such warehouse,
as their interests may appear on the records of the handler. (B) In case fire, internal explosion, lightning, or windstorm destroys or damages any
agricultural commodity in any warehouse operated by a licensed handler, the director
shall cause an examination to be made to determine the extent of the damage to the
agricultural commodity inventory stored in the warehouse under bailment agreements. When the director is satisfied that depositor claims against the destroyed or damaged
agricultural commodity inventory stored under bailment agreements have been settled,
either from the proceeds of the insurance claim or other assets of the licensee, he
shall release the lien against the inventory insurance.
Frequently Asked Questions About Ohio § 926.07
What does Ohio Revised Code § 926.07 cover?
Section 926.07 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 § 926.07?
A common citation format is "Ohio Revised Code § 926.07" (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 § 926.07 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.