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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.

Section 1309.113

Ohio Revised Code
/
Title 13 Commercial Transactions
/
Chapter 1309 Secured Transactions
 
Section 1309.113 is not yet in effect. It takes effect October 6, 2026.
Effective:
October 6, 2026
Latest Legislation:
House Bill 195 - 136th General Assembly
PDF:
Download Authenticated PDF
 

No requirement to acknowledge or confirm; no duties [UCC 9-107B]

(A) A person that has control under section 1309.104 or 1309.105 of the Revised Code is not required to acknowledge that it has control on behalf of another person.

(B) If a person acknowledges that it has or will obtain control on behalf of another person, unless the person otherwise agrees or law other than this chapter otherwise provides, the person does not owe any duty to the other person and is not required to confirm the acknowledgment to any other person.

Last updated July 20, 2026 at 3:26 PM

Available Versions of this Section