Ohio Code § 1309.617
Ohio Code § 1309.617. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1309.617.
(A) A secured party's disposition of collateral after default: (1) Transfers to a transferee for value all of the debtor's rights in the collateral; (2) Discharges the security interest under which the disposition is made; and (3) Discharges any subordinate security interest or other subordinate lien other than
the liens specified in division (D) of section 1309.109 of the Revised Code . (B) A transferee who acts in good faith takes free of the rights and interests described
in division (A) of this section, even if the secured party fails to comply with this
chapter or the requirements of any judicial proceeding. (C) If a transferee does not take free of the rights and interests described in division
(A) of this section, the transferee takes the collateral subject to: (1) The debtor's rights in the collateral; (2) The security interest or agricultural lien under which the disposition is made; and (3) Any other security interest or other lien.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1309.617
- 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
What is the source of Ohio Revised Code § 1309.617?
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 § 1309.617 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 § 1309.617 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Statutes are amended, repealed, and renumbered every session.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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