Ohio Code § 1302.45
Ohio Code § 1302.45. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1302.45.
(A) The buyer obtains a special property and an insurable interest in goods by identification
of existing goods as goods to which the contract refers even though the goods so identified
are nonconforming and he has an option to return or reject them. Such identification can be made at any time and in any manner explicitly agreed
to by the parties. In the absence of explicit agreement identification occurs: (1) when the contract is made if it is for the sale of goods already existing and identified; (2) if the contract is for the sale of future goods other than those described in division
(A)(3) of this section, when goods are shipped, marked, or otherwise designated by
the seller as goods to which the contract refers; (3) when the crops are planted or otherwise become growing crops or the young are conceived
if the contract is for the sale of unborn young to be born within twelve months after
contracting or for the sale of crops to be harvested within twelve months or the next
normal harvest season after contracting whichever is longer. (B) The seller retains an insurable interest in goods so long as title to or any security
interest in the goods remains in him and where the identification is by the seller
alone he may until default or insolvency or notification to the buyer that the identification
is final substitute other goods for those identified. (C) Nothing in this section impairs any insurable interest recognized under any other
statute or rule of law.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1302.45
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1302.45?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1302.45 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1302.45 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.