Ohio Code § 1353.03
Ohio Code § 1353.03. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1353.03.
(A) This chapter does not affect any security interest which any person, financial institution,
or supplier has in the inventory of the dealer or affect a supplier's right to charge
back to a dealer's account amounts previously paid or credited as a discount incident
to the dealer's purchase of the repurchased inventory. (B) The provisions of this chapter are supplemental to any agreement between the dealer
and the supplier governing the return of inventory pursuant to a termination of the
dealer agreement. A dealer to whom this chapter applies may elect to pursue either a contract remedy
or to enforce a repurchase of inventory under this chapter. An election by the dealer to pursue a contract remedy does not bar the right of
the dealer to demand the repurchase under this chapter of inventory not affected by
the contract remedy.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1353.03
- 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 § 1353.03?
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 § 1353.03 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 § 1353.03 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Statutes are amended, repealed, and renumbered every session.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.