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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Ohio Revised Code Search

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Section 1351.03 | Provisions prohibited in lease-purchase agreement.

...(A) A lease-purchase agreement shall not contain a provision that requires a lessee to do any of the following: (1) Execute a warrant of attorney to confess judgment; (2) Authorize the lessor or an agent of the lessor to commit a breach of the peace in the repossession of property that is the subject of the lease-purchase agreement; (3) Waive a defense, counterclaim, or any right the lessee has against the lessor ...

Section 1351.04 | Terms that may not be required.

... for property that is the subject of a lease-purchase agreement; (B) Any payment in addition to the number of lease payments specified in the lease-purchase agreement other than the payment described in division (B) of section 1351.06 of the Revised Code, that is required in order for the lessee to acquire ownership of the leased property; (C) Lease payments that in the aggregate exceed the maximum permissible amou...

Section 1351.05 | Reinstatement of agreement after default.

...(A) A lessee who fails to make timely lease payments has the right to reinstate the original lease-purchase agreement without losing any rights or options previously acquired under the lease-purchase agreement within three lease terms after the expiration of the last lease term for which the lessee made a timely payment if the lessee surrenders the leased property to the lessor when the lessor or its agent requests h...

Section 1351.06 | Acquiring ownership when 50% of payments equals cash price.

...(A) No lessor shall offer a lease-purchase agreement in which fifty per cent of all lease payments necessary to acquire ownership of the leased property exceed the cash price of the leased property. When fifty per cent of all lease payments made by a lessee equals the cash price of the property disclosed to the lessee pursuant to division (A)(11) of section 1351.02 of the Revised Code, the lessee shall acquire owners...

Section 1351.07 | Advertisements - mandatory information to be supplied.

...(A) No advertisement for a lease-purchase agreement shall state that a lease of any specific property is available at specific amounts or on specific terms unless the lessor will lease the property at those amounts or on those terms. (B) No advertisement shall state that a payment or a lease payment is due upon origination of a lease without disclosing all of the following: (1) The payment due upon origination ...

Section 1351.08 | Liability of lessor for noncompliance.

...ents of this chapter with respect to a lease-purchase agreement is liable to the lessee in an amount equal to the sum of the following: (1) The costs of the action and reasonable attorney's fees as determined by the court; (2) The greater of the following: (a) The actual damages sustained by the lessee as a result of the failure of the lessor; (b)(i) In the case of an individual action, twenty-five per cent of th...

Section 1351.09 | Limits on lessor's liability.

...essor's own procedures or by any other means. (B) A lessor is not liable under section 1351.08 of the Revised Code for damages in excess of the actual damage sustained by the lessee if the lessor shows by a preponderance of the evidence that the violation of this chapter resulted from a bona fide error notwithstanding the maintenance by the lessor of procedures reasonably adopted to avoid the error. As used in this ...

Section 1353.01 | Farm machinery or construction equipment dealers or suppliers definitions.

...dealer to engage in the retail sale and service of farm machinery or construction equipment in accordance with methods and procedures prescribed by the supplier and includes any data processing hardware the supplier requires the dealer to purchase to satisfy the minimum requirements of the dealer agreement. (D) "Supplier" means a manufacturer, wholesaler, or distributor of farm machinery or construction equipment...

Section 1353.02 | Repurchase of inventory upon termination of agreement.

... current net price for all used special service tools in good condition. The supplier shall pay the average "as-is" value shown in current industry guides for each component of a rental fleet of farm machinery or construction equipment that is owned by the dealer or financed by the supplier or its finance subsidiary, provided that the component was purchased from the supplier not more than thirty months prior to the ...

Section 1353.03 | Effect on security interests - provisions are supplemental to agreement.

...r 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 d...

Section 1353.04 | Compelling repurchase.

...ction 1353.02 of the Revised Code, the dealer may bring a civil action to compel repurchase. If the court finds in favor of the dealer, the court shall order the supplier to repurchase the inventory at its current net price. In addition, the court shall order the supplier to pay to the dealer interest on the current net price of the inventory, computed pursuant to division (C) of section 1353.02 of the Revised Code, ...

Section 1353.05 | Contracts prior to date of chapter.

...This chapter does not apply to any contract entered into before the effective date of this chapter unless it is a continuing contract that has no expiration date.

Section 1353.06 | Cause for termination.

...ading advertising or failing to provide service and replacement parts or to perform warranty obligations; (b) Fails to provide adequate sales, service, or parts personnel in accordance with the dealer agreement; (c) Fails to meet reasonable building and housekeeping requirements; (d) Fails to comply with applicable licensing laws with respect to any of the products and services that the dealer represents as being ...

Section 143.01 | Definitions.

...ter: (A) "Killed in the line of duty" means either of the following: (1) Death in the line of duty; (2) Death from injury sustained in the line of duty, including heart attack or other fatal injury or illness caused while in the line of duty. (B) "Totally and permanently disabled" means unable to engage in any substantial gainful employment for a period of not less than twelve months by reason of a medically dete...

Section 143.02 | Volunteer peace officers dependents fund.

...re is hereby established the volunteer peace officers dependents fund. Each county, municipal corporation, township, township police district, and joint police district with a police or sheriff's department that employs volunteer peace officers is a member of the volunteer peace officers' dependents fund and shall establish a volunteer peace officers' dependents fund board. Each board shall consist of the following ...

Section 143.03 | Volunteer peace officers' dependents fund board.

...A volunteer peace officers' dependents fund board shall meet promptly after election of the board's members and organize. The board shall select from among its members a chairperson and a secretary. The secretary of the board shall keep a complete record of the board's proceedings, which shall be maintained as a permanent file. Board members shall serve without compensation. The legislative authority of the fund m...

Section 143.04 | Rules.

...Each volunteer peace officers' dependents fund board may adopt rules as necessary for handling and processing claims for benefits. The board shall perform such other duties as are necessary to implement this chapter.

Section 143.05 | Legal advisor.

...as the legal advisor for the volunteer peace officer's dependents' board.

Section 143.06 | Maintenance of fund; initial premiums.

...(A) The volunteer peace officers' dependents fund shall be maintained in the state treasury. All investment earnings of the fund shall be collected by the treasurer of state and placed to the credit of the fund. (B) Each fund member shall pay to the treasurer of state, to the credit of the fund, an initial premium as follows: (1) Each member with an assessed property valuation of less than seven million dollars, th...

Section 143.07 | Basic capital account; contributions.

...all initial premiums collected by the treasurer of state under section 143.06 of the Revised Code is the basic capital account of the volunteer peace officers' dependents fund. No further contributions are required of fund members until claims against the fund have reduced it to ninety-five per cent or less of its basic capital account. In that event, the director of commerce shall cause the following assessments, ba...

Section 143.08 | Failure to pay premium.

... the member and pay the amount to the treasurer of state to the credit of the volunteer peace officers' dependents fund. If the secretary of a volunteer peace officers' dependents fund board fails to submit to the director a certificate of the current assessed property valuation in accordance with section 143.03 of the Revised Code, the director shall use division (B)(5) of section 143.06 of the Revised Code as a ba...

Section 143.09 | Payments to volunteer peace officers who are totally and permanently disabled; death benefits.

...of the following based on the officer's service as a volunteer peace officer: the public employees retirement system, Ohio police and fire pension fund, state highway patrol retirement system, Cincinnati retirement system, or Ohio public safety officers death benefit fund. (E) Initial claims shall be filed with the volunteer peace officers' dependents fund board of the fund member in which the officer was a voluntee...

Section 143.091 | Initial premiums; determination of sufficiency.

...of the Revised Code are sufficient for death benefits to be paid from the volunteer peace officers' dependents fund to the individuals described in division (B)(1)(b) of section 143.09 of the Revised Code. (B) If the director determines that initial premiums are sufficient and that no additional assessments described in section 143.07 of the Revised Code are necessary to fund the benefits, benefits shall be paid fr...

Section 143.10 | Determination of validity of claim.

...t of a claim for benefits, a volunteer peace officers' dependents fund board shall meet and determine the validity of the claim. If the board determines that the claim is valid, it shall make a determination of the amount due and certify its determination to the director of commerce for payment. The certificate shall show the name and address of the board, the name and address of each beneficiary, the amount to be re...

Section 143.11 | Nature of right to benefit.

...The right of an individual to a benefit under this chapter shall not be subject to execution, garnishment, attachment, the operation of bankruptcy or insolvency laws, or other process of law whatsoever, and shall be unassignable except as specifically provided in this chapter and sections 3105.171, 3105.65, and 3115.32 and Chapters 3119., 3121., 3123., and 3125. of the Revised Code.