Ohio Code § 1336.02
Ohio Code § 1336.02. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1336.02.
(A)(1) A debtor is insolvent if the sum of the debts of the debtor is greater than all of
the assets of the debtor at a fair valuation. (2) A debtor who generally is not paying his debts as they become due is presumed to
be insolvent. (B) A partnership is insolvent under division (A)(1) of this section if the sum of the
debts of the partnership is greater than the aggregate, at a fair valuation, of all
of the assets of the partnership and the sum of the excess of the value of the nonpartnership
assets of each general partner over the nonpartnership debts of the general partner. (C) For purposes of this section: (1) “Assets” do not include property that has been transferred, concealed, or removed
with intent to hinder, delay, or defraud creditors, or that has been transferred in
a manner making the transfer fraudulent under section 1336.04 or 1336.05 of the Revised Code . (2) “Debts” do not include an obligation to the extent that it is secured by a valid
lien on property of the debtor not included as an asset.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1336.02
- 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 § 1336.02?
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 § 1336.02 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 § 1336.02 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Statutes are amended, repealed, and renumbered every session.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.