Effective: August 19, 1994
Latest Legislation: Senate Bill 147 - 120th General Assembly
Notwithstanding section 1303.35 of the Revised Code, a purchaser who executes an agreement selling or leasing to him a business opportunity plan or a note in connection with such an agreement may assert as a defense to a claim by a holder in due course, as defined in section 1303.32 of the Revised Code, any defense that the purchaser may assert against the seller of the business opportunity plan.
Structure Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1334 | Business Opportunity Plans
Section 1334.01 | Business Opportunity Plan Definitions.
Section 1334.02 | Written Disclosure Document.
Section 1334.03 | Prohibitions.
Section 1334.04 | Seller to Establish Surety Bond or Establish Trust Account.
Section 1334.05 | Right to Cancel.
Section 1334.06 | Written Agreements - Contents.
Section 1334.07 | Attorney General Investigations.
Section 1334.08 | Attorney General Actions.
Section 1334.09 | Action for Rescission and Damages.
Section 1334.10 | Jurisdiction.
Section 1334.12 | Application of Chapter.
Section 1334.13 | Certain Franchising Transactions Exempted.
Section 1334.14 | Burden of Proof.