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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 1316.305

Ohio Revised Code
/
Title 13 Commercial Transactions
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Chapter 1316 Trust Receipts
 
Section 1316.305 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
 

Priority [UCC A-305]

(A) Subject to divisions (B) and (C) of this section, the Uniform Commercial Code, as it exists on the effective date of this section, determines the priority of conflicting claims to collateral.

(B) Subject to division (C) of this section, if the priorities of claims to collateral were established before the effective date of this section, Chapter 1309. of the Revised Code, as it existed before the effective date of this section, determines priority.

(C) On the adjustment date, to the extent the priorities determined by Chapter 1309. of the Revised Code, as it exists on the effective date of this section, modify the priorities established before the effective date of this section, priorities of claims to Article 12 property and electronic money established before the effective date of this section cease to apply.

Last updated July 20, 2026 at 4:21 PM

Available Versions of this Section