Ohio § 1311.77 Owner may obtain release of aircraft by filing surety bond

Ohio Statutes

§ 1311.77 — Owner may obtain release of aircraft by filing surety bond

Ohio § 1311.77

Title 13Commercial Transactions

Ch. 1311Liens

This text of Ohio § 1311.77 (Owner may obtain release of aircraft by filing surety bond) 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. § 1311.77 (2026).

Text

The owner of an aircraft that is subject to a lien that is perfected pursuant to section1311.73of the Revised Code may release the owner's aircraft from the lien by filing with a court having jurisdiction in the county in which the labor that is the basis of the lien was performed, in which the aircraft was stored, or in which the materials that are the basis of the lien were furnished, a bond, payable to the lien claimant, for the full amount owed to the lien claimant as stated in an affidavit filed pursuant to section1311.73of the Revised Code for the labor or materials, and conditioned for the payment of any judgment that may be recovered on the lien, with costs.

All bonds filed pursuant to this section shall be executed by a corporate surety licensed by the state and authorized to exe

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The owner of an aircraft that is subject to a lien that is perfected pursuant to section1311.73of the Revised Code may release the owner's aircraft from the lien by filing with a court having jurisdiction in the county in which the labor that is the basis of the lien was performed, in which the aircraft was stored, or in which the materials that are the basis of the lien were furnished, a bond, payable to the lien claimant, for the full amount owed to the lien claimant as stated in an affidavit filed pursuant to section1311.73of the Revised Code for the labor or materials, and conditioned for the payment of any judgment that may be recovered on the lien, with costs.

All bonds filed pursuant to this section shall be executed by a corporate surety licensed by the state and authorized to execute surety bonds in this state pursuant to Chapter 3929. of the Revised Code.

Last updated January 17, 2025 at 1:45 PM