Ohio § 1309.706 When initial financing statement suffices to continue effectiveness of financing statement - UCC 9-706

Ohio Statutes

§ 1309.706 — When initial financing statement suffices to continue effectiveness of financing statement - UCC 9-706

Ohio § 1309.706

Title 13Commercial Transactions

Ch. 1309Secured Transactions

This text of Ohio § 1309.706 (When initial financing statement suffices to continue effectiveness of financing statement - UCC 9-706) 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. § 1309.706 (2026).

Text

(A)The filing of an initial financing statement in the office specified in section1309.501of the Revised Code continues the effectiveness of a financing statement filed before July 1, 2001, if:

(1)The filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter.

(2)The financing statement filed before July 1, 2001, was filed in an office in another state or another office in this state; and

(3)The initial financing statement satisfies division (C) of this section.

(B)The filing of an initial financing statement under division (A) of this section continues the effectiveness of the financing statement filed before July 1, 2001:

(1)If the initial financing statement is filed before July 1, 2001, for the period provided

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(A) The filing of an initial financing statement in the office specified in section1309.501of the Revised Code continues the effectiveness of a financing statement filed before July 1, 2001, if:

(1) The filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter.

(2) The financing statement filed before July 1, 2001, was filed in an office in another state or another office in this state; and

(3) The initial financing statement satisfies division (C) of this section.

(B) The filing of an initial financing statement under division (A) of this section continues the effectiveness of the financing statement filed before July 1, 2001:

(1) If the initial financing statement is filed before July 1, 2001, for the period provided in section1309.40of the Revised Code, as it existed prior to July 1, 2001, with respect to a financing statement; and

(2) If the initial financing statement is filed after July 1, 2001, for the period provided in section1309.515of the Revised Code, as it exists on July 1, 2001, with respect to an initial financing statement.

(C) To be effective for purposes of division (A) of this section, an initial financing statement shall:

(1) Satisfy the requirements of sections1309.501to1309.527of the Revised Code, as they exist on July 1, 2001, for an initial financing statement;

(2) Identify the financing statement filed before July 1, 2001, by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and

(3) Indicate that the financing statement filed before July 1, 2001, remains effective.