Ohio Code § 1310.41
Ohio Code § 1310.41. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1310.41.
If either party repudiates a lease contract with respect to a performance not yet
due under the lease contract, the loss of which performance will substantially impair
the value of the lease contract to the other party, the aggrieved party may do any
of the following: (A) For a commercially reasonable time, await retraction of repudiation and performance
by the repudiating party; (B) Make demand pursuant to section 1310.40 of the Revised Code and await assurance of future performance adequate under the circumstances of the
particular case; (C) Resort to any right or remedy upon default under the lease contract or sections 1310.01 to 1310.78 of the Revised Code , even though the aggrieved party has notified the repudiating party that the aggrieved
party would await the repudiating party's performance and assurance and has urged
retraction. In addition, whether or not the aggrieved party is pursuing any of those remedies,
the aggrieved party may suspend performance or, if the aggrieved party is the lessor,
proceed in accordance with the provisions of section 1310.70 of the Revised Code pertaining to the lessor's right to identify goods to the lease contract notwithstanding
default or to salvage unfinished goods.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1310.41
- 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 § 1310.41?
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 § 1310.41 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 § 1310.41 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Statutes are amended, repealed, and renumbered every session.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.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.