Ohio Code § 1303.50
Ohio Code § 1303.50. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1303.50.
(A) “ Alteration ” means either of the following: (1) An unauthorized change in an instrument that purports to modify in any respect the
obligation of a party. (2) An unauthorized addition of words or numbers or other change to an incomplete instrument
relating to the obligation of a party. (B) Except as provided in division (C) of this section, an alteration fraudulently made
discharges a party whose obligation is affected by the alteration unless that party
assents or is precluded from asserting the alteration. No other alteration discharges a party, and the instrument may be enforced according
to its original terms. (C) A payor bank or drawee paying a fraudulently altered instrument or a person taking
it for value, in good faith and without notice of the alteration, may enforce rights
with respect to the instrument according to its original terms or, if the incomplete
instrument was altered by unauthorized completion, according to its terms as completed.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1303.50
- 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 § 1303.50?
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 § 1303.50 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 § 1303.50 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Statutes are amended, repealed, and renumbered every session.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.
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