Ohio Code § 1310.45

Ohio Code § 1310.45. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1310.45.

(A) If the lessee receives notification of a material or indefinite delay or of an allocation

justified under section 1310.44 of the Revised Code , the lessee, by written notification to the lessor as to any goods involved, and

with respect to all of the goods if under an installment lease contract the value

of the whole lease contract is substantially impaired as provided in section 1310.56 of the Revised Code , may do either of the following: (1) Terminate the lease contract, subject to division (B) of section 1310.51 of the Revised Code ; (2) Except in a finance lease that is not a consumer lease, modify the lease contract

by accepting the available quota in substitution, with due allowance from the rent

payable for the balance of the lease term for the deficiency but without further right

against the lessor. (B) If, after receipt of a notification from the lessor under division (C) of section 1310.44 of the Revised Code , the lessee fails to modify the lease agreement in accordance with division (A)(2)

of this section within a reasonable time not exceeding thirty days, the lease contract

lapses with respect to any deliveries affected.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1310.45
  • 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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What subject does Ohio Revised Code § 1310.45 address?

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