Ohio Code § 1310.26

§ 1310.26.

(A) Except in the case of a finance lease, risk of loss is retained by the lessor and

does not pass to the lessee.  In the case of a finance lease, risk of loss passes to the lessee. (B) Subject to the provisions of section 1310.27 of the Revised Code on the effect of default on risk of loss, if risk of loss is to pass to the lessee

and the time of passage is not stated, the following rules apply: (1) If the lease contract requires or authorizes the goods to be shipped by carrier and

does not require delivery at a particular destination, the risk of loss passes to

the lessee when the goods are duly delivered to the carrier.  If it does require delivery at a particular destination and the goods are duly tendered

at that particular destination while in the possession of the carrier, the risk of

loss passes to the lessee when the goods are duly so tendered at that particular destination

as to enable the lessee to take delivery. (2) If the goods are held by a bailee to be delivered without being moved, the risk of

loss passes to the lessee on acknowledgment by the bailee of the lessee's right to

possession of the goods. (3) In any case not within division (B)(1) or (2) of this section, the risk of loss passes

to the lessee on the lessee's receipt of the goods, if the lessor or, in the case

of a finance lease, the supplier is a merchant;  otherwise, the risk of loss passes

to the lessee on tender of delivery.