Effective: June 29, 2011
Latest Legislation: House Bill 9 - 129th General Assembly
Obligation of good faith [UCC 1-304]
Every contract or duty within Chapters 1301., 1302., 1303., 1304., 1305., 1307., 1308., 1309., and 1310. of the Revised Code imposes an obligation of good faith in its performance and enforcement.
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1301 | General Provisions
Section 1301.101 | Short Titles - Ucc 1-101.
Section 1301.102 | Scope of Chapter 1301 - Ucc 1-102.
Section 1301.104 | Construction Against Implied Repeal - Ucc 1-104.
Section 1301.105 | Severability - Ucc 1-105.
Section 1301.106 | Use of Singular and Plural; Gender - Ucc 1-106.
Section 1301.107 | Section Captions - Ucc 1-107.
Section 1301.201 | General Definitions - Ucc 1-201.
Section 1301.202 | Notice; Knowledge - Ucc 1-202.
Section 1301.203 | Lease Distinguished From Security Interest - Ucc 1-203.
Section 1301.204 | Value - Ucc 1-204.
Section 1301.205 | Reasonable Time; Seasonableness [Ucc 1-205].
Section 1301.206 | Presumptions - Ucc 1-206.
Section 1301.301 | Territorial Applicability; Parties' Power to Choose Applicable Law - Ucc 1-301.
Section 1301.302 | Variation by Agreement - Ucc 1-302.
Section 1301.303 | Course of Performance, Course of Dealing, and Usage of Trade - Ucc 1-303.
Section 1301.304 | Obligation of Good Faith - Ucc 1-304.
Section 1301.305 | Remedies to Be Liberally Administered - Ucc 1-305.
Section 1301.306 | Waiver or Renunciation of Claim or Right After Breach - Ucc 1-306.
Section 1301.307 | Prima Facie Evidence by Third-Party Documents - Ucc 1-307.
Section 1301.308 | Performance or Acceptance Under Reservation of Rights - Ucc 1-308.
Section 1301.309 | Option to Accelerate at Will - Ucc 1-309.
Section 1301.310 | Subordinated Obligations - Ucc 1-310.
Section 1301.311 | Transactions Entered Into Before 7-1-62 - Ucc 10-102(2).