Ohio Code § 1309.507
Ohio Code § 1309.507. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1309.507.
(A) A filed financing statement remains effective with respect to collateral that is
sold, exchanged, leased, licensed, or otherwise disposed of and in which a security
interest or agricultural lien continues, even if the secured party knows of or consents
to the disposition. (B) Except as otherwise provided in division (C) of this section and section 1309.508 of the Revised Code , a financing statement is not rendered ineffective if, after the financing statement
is filed, the information provided in the financing statement becomes seriously misleading
under section 1309.506 of the Revised Code . (C) If the name that a filed financing statement provides for a debtor becomes insufficient
as the name of the debtor under division (A) of section 1309.503 of the Revised Code so that the financing statement becomes seriously misleading under section 1309.506 of the Revised Code : (1) The financing statement is effective to perfect a security interest in collateral
acquired by the debtor before, or within four months after, the filed financing statement
becomes seriously misleading; and (2) The financing statement is not effective to perfect a security interest in collateral
acquired by the debtor more than four months after the filed financing statement becomes
seriously misleading, unless an amendment to the financing statement that renders
the financing statement not seriously misleading is filed within four months after
the financing statement became seriously misleading.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1309.507
- 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:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
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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 § 1309.507 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 § 1309.507 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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