Ohio Rev. Code Ann. § 1302.16

Allocation or division of risks - UCC 2-303

Effective: July 1, 1962; Latest Legislation: Senate Bill 5 - 104th General Assembly

Where the provisions of sections 1302.01 to 1302.98, inclusive, of the Revised Code allocate a risk or a burden as between the parties "unless otherwise agreed" the agreement may not only shift the allocation but may also divide the risk or burden.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.