Ohio Code § 1309.209
Ohio Code § 1309.209. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1309.209.
(A) Except as otherwise provided in division (C) of this section, this section applies
if: (1) There is no outstanding secured obligation; and (2) The secured party is not committed to make advances, incur obligations, or otherwise
give value. (B) Within ten days after receiving an authenticated demand by the debtor, a secured
party shall send to an account debtor that has received notification of an assignment
to the secured party as assignee under division (A) of section 1309.406 of the Revised Code an authenticated record that releases the account debtor from any further obligation
to the secured party. (C) This section does not apply to an assignment constituting the sale of an account,
chattel paper, or payment intangible.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1309.209
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
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Common questions
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