Ohio Code § 1334.05

Ohio Code § 1334.05. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1334.05.

(A) In addition to any other right or remedy available to a purchaser under sections 1334.01 to 1334.15 of the Revised Code , a purchaser has the right to cancel an agreement selling or leasing to the purchaser

a business opportunity plan, in accordance with the following conditions: (1) If the seller complies with divisions (A)(7) , (B) , and (C) of section 1334.06 of the Revised Code , the purchaser may cancel the agreement at any time before midnight of the fifth

business day after the day on which the purchaser signs the agreement. (2) If the seller has failed to comply with division (A)(7) , (B) , or (C) of section 1334.06 of the Revised Code , the purchaser may cancel the agreement any time within twelve months after the day

on which the purchaser signs the agreement. (B) Cancellation under this section is evidenced by the purchaser giving written notice

of cancellation to the seller at the address stated in the agreement.  The purchaser may deliver the notice by regular mail, electronic mail, facsimile

transmission, telegram, manual delivery, or other personal delivery.  Notice of cancellation given by a purchaser need not take a particular form and

is sufficient if it indicates in writing the intent of the purchaser not to be bound.  Notice of cancellation sent by regular mail is effective upon the date of postmark.  Notice sent by electronic mail or facsimile is effective when successfully transmitted.  Telegram delivery is effective when the telegram is ordered.  Manual delivery or other personal delivery is effective when delivered to the seller

or to the seller's address, whichever is first.

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

At a glance

  • Citation: Ohio Revised Code § 1334.05
  • 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

What is the source of Ohio Revised Code § 1334.05?

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 § 1334.05 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 § 1334.05 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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