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Ohio Revised Code

Ohio Rev. Code § 1303.01 (2026)

Definitions - UCC 3-103

✓ current as of May 2026
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Effective:
April 6, 2017
Latest Legislation:
House Bill 463 - 131st General Assembly
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(A) As used in this chapter, unless the context otherwise requires:

(1) "Acceptor" means a drawee who has accepted a draft.

(2) "Consumer account" means an account established by an individual primarily for personal, family, or household purposes.

(3) "Consumer transaction" means a transaction in which an individual incurs an obligation primarily for personal, family, or household purposes.

(4) "Drawee" means a person ordered in a draft to make payment.

(5) "Drawer" means a person who signs or is identified in a draft as a person ordering payment.

(6) "Good faith" has the same meaning as in section 1301.201 of the Revised Code.

(7) "Issue" means the first delivery of an instrument by the maker or drawer to a holder or nonholder for the purpose of giving rights of the instrument to any person.

(8) "Issuer" means a maker or drawer of an issued or unissued instrument.

(9) "Maker" means a person who signs or is identified in a note as a person undertaking to pay.

(10) "Order" means a written instruction to pay money signed by the person giving the instruction. The instruction may be addressed to any person, including the person giving the instruction, or to one or more persons jointly or in the alternative but not in succession. "Order" does not mean an authorization to pay unless the person authorized to pay also is instructed to pay.

(11) "Ordinary care" in the case of a person engaged in business means observance of the reasonable commercial standards that are prevailing in the area in which the person is located with respect to the business in which the person is engaged. In the case of a bank that takes an instrument for processing for collection or payment by automated means, reasonable commercial standards do not require the bank to examine the instrument if the failure to examine does not violate the bank's prescribed procedures, and the bank's procedures do not vary unreasonably from general banking usage not disapproved by this chapter or Chapter 1304. of the Revised Code.

(12) "Party" means a party to an instrument.

(13) "Principal obligor," with respect to an instrument, means the accommodated party or any other party to the instrument against whom a secondary obligor has recourse under this chapter.

(14) "Promise" means a written undertaking to pay money that is signed by the person undertaking to pay. "Promise" does not include an acknowledgment of an obligation by the obligor unless the obligor also undertakes to pay the obligation.

(15) "Prove," with respect to a fact, means to meet the burden of establishing the fact.

(16) "Remitter" means a person who purchases an instrument from its issuer if the instrument is payable to an identified person other than the purchaser.

(17) "Remotely-created consumer item" means an item drawn on a consumer account, which is not created by the payor bank and does not bear a handwritten signature purporting to be the signature of the drawer.

(18) "Secondary obligor," with respect to an instrument, means any of the following:

(a) An indorser or an accommodation party;

(b) A drawer having the obligation described in division (D) of section 1303.54 of the Revised Code;

(c) Any other party to the instrument that has recourse against another party to the instrument pursuant to division (B) of section 1303.14 of the Revised Code.

(B) As used in this chapter:

(1) "Acceptance" has the same meaning as in section 1303.46 of the Revised Code.

(2) "Accommodation party" and "accommodated party" have the same meanings as in section 1303.59 of the Revised Code.

(3) "Account" has the same meaning as in section 1304.01 of the Revised Code.

(4) "Alteration" has the same meaning as in section 1303.50 of the Revised Code.

(5) "Anomalous indorsement," "blank indorsement," and "special indorsement" have the same meanings as in section 1303.25 of the Revised Code.

(6) "Certificate of deposit," "cashier's check," "check," "draft," "instrument," "negotiable instrument," "note," "teller's check," and "traveler's check" have the same meanings as in section 1303.03 of the Revised Code.

(7) "Certified check" has the same meaning as in section 1303.46 of the Revised Code.

(8) "Consideration" and "value" have the same meanings as in section 1303.33 of the Revised Code.

(9) "Holder in due course" has the same meaning as in section 1303.32 of the Revised Code.

(10) "Incomplete instrument" has the same meaning as in section 1303.11 of the Revised Code.

(11) "Indorsement" and "indorser" have the same meanings as in section 1303.24 of the Revised Code.

(12) "Negotiation" has the same meaning as in section 1303.21 of the Revised Code.

(13) "Payable at a definite time" and "payable on demand" have the same meanings as in section 1303.07 of the Revised Code.

(14) "Payable to bearer" and "payable to order" have the same meanings as in section 1303.10 of the Revised Code.

(15) "Payment" has the same meaning as in section 1303.67 of the Revised Code.

(16) "Person entitled to enforce" has the same meaning as in section 1303.31 of the Revised Code.

(17) "Presentment" has the same meaning as in section 1303.61 of the Revised Code.

(18) "Reacquisition" has the same meaning as in section 1303.27 of the Revised Code.

(19) "Transfer of instrument" has the same meaning as in section 1303.22 of the Revised Code.

(C) As used in this chapter, "banking day," "clearing house," "collecting bank," "customer," "depositary bank," "documentary draft," "intermediary bank," "item," "midnight deadline," "payor bank," and "suspends payments" have the same meanings as in section 1304.01 of the Revised Code.

(D) In addition, Chapter 1301. of the Revised Code contains general definitions and general principles of construction and interpretation applicable throughout this chapter.
Notes of Decisions
Cited in 42 cases (2 in the last 5 years), 1971–2026 · leading case: Lakewood Homes, Inc. v. Bd. of Adjustment, 267 N.E.2d 595 (Ohio Ct. App. 1971).
Sort: Relevance Newest Treatment
Lakewood Homes, Inc. v. Bd. of Adjustment, 267 N.E.2d 595 (Ohio Ct. App. 1971). · cites it 26× “, was informed by agents of the city that it would be necessary for it to file and have approved a “Development Plan” under Section 1303.01, Codified Ordinances of Lima, Ohio, which reads as follows: “The owner of any tract .”
Fed. Ins. v. Webne, 513 F. Supp. 2d 921 (N.D. Ohio 2007). · cites it 3× “of Ohio’s Uniform Commercial Code, O.R.C. § 1303.01 et seq. [Claim Five]; 3) along with the other defendants, violated the federal RICO statute, 18 U.”
Deutsche Bank Natl. Trust Co. v. Najar, 2013 Ohio 1657 (Ohio Ct. App. 2013). “] (UCC Article 9) as opposed to those set forth in Revised Code § 1303.01 et seq., were not met inasmuch as plaintiff failed to comply with the UCC Article 9 provisions that govern the transfer of nonnegotiable instruments and the enforceability of mortgages securing those…”
Fed. Land Bank v. Taggart, 508 N.E.2d 152 (Ohio 1987). · cites it 3× “The court of appeals determined that when a lending institution grants an extension of time to make payment to the primary obligor of a promissory note, which is secured by a mortgage, but does not otherwise involve the surety on the note, such surety is discharged by operation…”
Buckeye Fed. Sav. & Loan Ass'n v. Guirlinger, 581 N.E.2d 1352 (Ohio 1991). · cites it 2× “03 provides as follows: “(A) Any writing to be a negotiable instrument within sections 1303.01 to 1303.78, inclusive, of the Revised Code, must: “(1) be signed by the maker or drawer; and “(2) contain an unconditional promise or order to pay a sum certain in money and no other…”
Nationstar Mtge. L.L.C. v. Payne, 2017 Ohio 513 (Ohio Ct. App. 2017). “R.C. 1303.01(T)(21)(b). 2 Effective June 29, 2011, Am.”
Cont'l Cas. Co. v. Fifth/Third Bank, 418 F. Supp. 2d 964 (N.D. Ohio 2006). · cites it 2× “If the person who took the instrument for value did not exercise ordinary care, then comparative fault principles apply.”
Buckeye Check Cashing, Inc. v. Camp, 825 N.E.2d 644 (Ohio Ct. App. 2005). · cites it 2× “R.C. 1303.01, which is analogous to UCC 1-201, defines “good faith” as “honesty in fact and the observance of reasonable commercial standards of fair dealing.”
Glimcher v. Reinhorn, 587 N.E.2d 462 (Ohio Ct. App. 1991). “See R.C. 1303.01; 1303.03; 1303.02 through 1303.”
In Re Smoak, 461 B.R. 510 (Bankr. S.D. Ohio 2011). “” Ohio Revised Code § 1303.01(A)(7) [UCC 3-103], 10 . The Smoaks also argue (doc.”
In Re Wells, 407 B.R. 873 (Bankr. N.D. Ohio 2009). “and § 1303.01 et seq.; see also U.C.C. Article 3.”
ABN AMRO Mtge. Grp., Inc. v. Evans, 2013 Ohio 1557 (Ohio Ct. App. 2013). “In a foreclosure action, the entity that is the current “holder” of the mortgage and note (or otherwise is entitled to enforce the note under R.C. 1303.01, et seq.) is the real party in interest.”
Show all 42 citing cases →
— Ohio Rev. Code § 1303.01(11) — 1 case
Wilkshire Commc'ns, Inc. v. Hollinger-Yohe Ins. Agency Inc., 2016 Ohio 357 (Ohio Ct. App. 2016).
— Ohio Rev. Code § 1303.01(A) — 1 case
State v. D.G., 2016 Ohio 7609 (Ohio Ct. App. 2016).
— Ohio Rev. Code § 1303.01(A)(11) — 1 case
Patel v. Huntington Banc Shares Fin. Corp., 2023 Ohio 3218 (Ohio Ct. App. 2023).
— Ohio Rev. Code § 1303.01(A)(2) — 2 cases
Nat'l City Bank v. Ohio Nat'l Life Assurance Corp., 676 N.E.2d 536 (Ohio Ct. App. 1996).
Gallwitz v. Novel, 2011 Ohio 297 (Ohio Ct. App. 2011).
— Ohio Rev. Code § 1303.01(A)(3) — 2 cases
Romano's Carryout, Inc. v. P.F. Chang's China Bistro, Inc., 964 N.E.2d 1102 (Ohio Ct. App. 2011).
Gallwitz v. Novel, 2011 Ohio 297 (Ohio Ct. App. 2011).
— Ohio Rev. Code § 1303.01(A)(5) — 3 cases
G.F.D. Enter., Inc. v. Nye, 525 N.E.2d 10 (Ohio 1988).
Huron Cnty. Banking Co., N.A. v. Knallay, 489 N.E.2d 1049 (Ohio Ct. App. 1984).
First Nat'l Bank of Findlay v. Fulk, 566 N.E.2d 1270 (Ohio Ct. App. 1989).
— Ohio Rev. Code § 1303.01(A)(6) — 1 case
Patel v. Huntington Banc Shares Fin. Corp., 2023 Ohio 3218 (Ohio Ct. App. 2023).
— Ohio Rev. Code § 1303.01(A)(7) — 2 cases
In Re Smoak, 461 B.R. 510 (Bankr. S.D. Ohio 2011). “” Ohio Revised Code § 1303.01(A)(7) [UCC 3-103], 10 . The Smoaks also argue (doc.”
Schwetschenau v. Whitfield, 894 N.E.2d 96 (Ohio Ct. App. 2008).
— Ohio Rev. Code § 1303.01(A)(9) — 2 cases
Mueller v. Miller, 834 N.E.2d 862 (Ohio Ct. App. 2005).
Miller v. Bennett, 2014 Ohio 2460 (Ohio Ct. App. 2014).
— Ohio Rev. Code § 1303.01(B) — 1 case
Bank of New York Mellon v. Adams, 2013 Ohio 5572 (Ohio Ct. App. 2013).
— Ohio Rev. Code § 1303.01(C) — 1 case
Belfance v. Huntington Nat'l Bank (In Re World Metal, Inc.), 313 B.R. 720 (Bankr. N.D. Ohio 2004).
— Ohio Rev. Code § 1303.01(D) — 1 case
U.S. Bank Natl. Assn. v. George, 2016 Ohio 7788 (Ohio Ct. App. 2016).
— Ohio Rev. Code § 1303.01(T)(1)(a) — 1 case
U.S. Bank Natl. Assn. v. George, 2016 Ohio 7788 (Ohio Ct. App. 2016).
— Ohio Rev. Code § 1303.01(T)(21)(b) — 1 case
Nationstar Mtge. L.L.C. v. Payne, 2017 Ohio 513 (Ohio Ct. App. 2017). “R.C. 1303.01(T)(21)(b). 2 Effective June 29, 2011, Am.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.