Adequate compliance with commercial contract - UCC 7-509
Known as the Uniform Commercial Code
The act spans §§ 1307–1307 (43 sections).
Effective: June 29, 2011; Latest Legislation: House Bill 9 - 129th General Assembly
Adequate compliance with commercial contract [UCC 7-509]
Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by sections 1302.01 to 1302.98, 1305.01 to 1305.16, and 1310.01 to 1310.78 of the Revised Code.
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.