Ohio § 1310.49 Modification or impairment of rights and remedies - UCC 2A-503

Ohio Statutes

§ 1310.49 — Modification or impairment of rights and remedies - UCC 2A-503

Ohio § 1310.49

Title 13Commercial Transactions

Ch. 1310Leases

This text of Ohio § 1310.49 (Modification or impairment of rights and remedies - UCC 2A-503) 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. § 1310.49 (2026).

Text

(A)Except as otherwise provided in sections1310.01to1310.78of the Revised Code, the lease agreement may include rights and remedies for default in addition to or in substitution for those provided in sections1310.01to1310.78of the Revised Code and may limit or alter the measure of damages recoverable under those sections.

(B)Resort to a remedy provided under sections1310.01to1310.78of the Revised Code or in the lease agreement is optional unless the remedy is expressly agreed to be exclusive. If circumstances cause an exclusive or limited remedy to fail of its essential purpose or if a provision for an exclusive remedy is unconscionable, remedy may be had as provided in sections1310.01to1310.78of the Revised Code.

(C)Consequential damages may be liquidated under section1310.50of the R

Free access — add to your briefcase to read the full text and ask questions with AI

(A) Except as otherwise provided in sections1310.01to1310.78of the Revised Code, the lease agreement may include rights and remedies for default in addition to or in substitution for those provided in sections1310.01to1310.78of the Revised Code and may limit or alter the measure of damages recoverable under those sections.

(B) Resort to a remedy provided under sections1310.01to1310.78of the Revised Code or in the lease agreement is optional unless the remedy is expressly agreed to be exclusive. If circumstances cause an exclusive or limited remedy to fail of its essential purpose or if a provision for an exclusive remedy is unconscionable, remedy may be had as provided in sections1310.01to1310.78of the Revised Code.

(C) Consequential damages may be liquidated under section1310.50of the Revised Code, or may otherwise be limited, altered, or excluded unless the limitation, alteration, or exclusion is unconscionable, limitation, alteration, or exclusion of consequential damages for injury to the person in the case of consumer goods is prima facie unconscionable, but limitation, alteration, or exclusion of damages, if the loss is commercial, is not prima facie unconscionable.

(D) Rights and remedies on default by the lessor or the lessee with respect to any obligation or promise collateral or ancillary to the lease contract are not impaired by sections1310.01to1310.78of the Revised Code.