Section 1316.301
Saving clause [UCC A-301]
(A) Except as provided in sections 1316.301 to 1316.306 of the Revised Code, the version of Chapter 1309. of the Revised Code that applies on the effective date of this section, and Article 12 apply to a transaction, lien, or other interest in property, even if the transaction lien, or interest was entered into, created, or acquired before the effective date of this section.
(B) Except as provided in division (C) of this section and sections 1316.302 to 1316.306 of the Revised Code:
(1) A transaction, lien, or interest in property that was validly entered into, created, or transferred before the effective date of this section and was not governed by the Uniform Commercial Code, but would be subject to Chapter 1309. of the Revised Code or Article 12 if it had been entered into, created, or transferred on or after the effective date of this section, including the rights, duties, and interests flowing from the transaction, lien, or interest, remains valid on and after the effective date of this section ; and
(2) The transaction, lien, or interest may be terminated, completed, consummated, and enforced as required or permitted by the Uniform Commercial Code, as it exists on the effective date of this section, or by the law that applied before that date.
(C) The amendments to the Uniform Commercial Code that apply on the effective date of this section do not affect an action, case, or other proceeding commenced before the effective date of this section.
Last updated July 20, 2026 at 4:19 PM
Available Versions of this Section
- October 6, 2026 – Enacted by House Bill 195 - 136th General Assembly [ View October 6, 2026 Version ]