Ohio Statutes

§ 1309.332 — Transfer of money - transfer of funds from deposit account - UCC 9-332

Ohio § 1309.332
JurisdictionOhio
Title 13Commercial Transactions
Ch. 1309Secured Transactions

This text of Ohio § 1309.332 (Transfer of money - transfer of funds from deposit account - UCC 9-332) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ohio Rev. Code Ann. § 1309.332 (2026).

Text

(A)A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(B)A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

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Related

Wulco, Inc. v. O'Gara Group, Inc.
2023 Ohio 4023 (Ohio Court of Appeals, 2023)

Legislative History

Effective: July 1, 2001 | Latest Legislation: Senate Bill 74 - 124th General Assembly

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Ohio § 1309.332, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1309.332.