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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 1316.102

Ohio Revised Code
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Title 13 Commercial Transactions
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Chapter 1316 Trust Receipts
 
Section 1316.102 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
 

Definitions [A-102]

(A) As used in this chapter:

(1) "Adjustment date" means July 1, 2025, or the date that is one year after the effective date of this section, whichever is later.

(2) "Article 12" means Chapter 1314. of the Revised Code.

(3) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.

(4) "Uniform Commercial Code" means Chapters 1301., 1302., 1303., 1304., 1305., 1307., 1308., 1309., 1310., and 1314. of the Revised Code.

(B) The following definitions in other chapters of the Revised Code apply to this chapter:

(1) "Controllable account," has the same meaning as in section 1309.102 of the Revised Code;

(2) "Controllable electronic record," has the same meaning as in section 1314.102 of the Revised Code;

(3) "Controllable payment intangible" has the same meaning as in section 1309.102 of the Revised Code;

(4) "Electronic money" has the same meaning as in section 1309.102 of the Revised Code;

(5) "Financing statement" has the same meaning as in section 1309.102 of the Revised Code.

(C) Chapter 1301. of the Revised Code contains general definitions and principles of construction and interpretation applicable throughout this chapter.

Last updated July 20, 2026 at 4:18 PM

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