Ohio § 1303.22
Full text of Ohio Ohio Revised Code § 1303.22, with citation guidance and answers to common questions.
§ 1303.22.
(A) An instrument is transferred when it is delivered by a person other than its issuer
for the purpose of giving to the person receiving delivery the right to enforce the
instrument. (B) Transfer of an instrument, whether or not the transfer is a negotiation, vests in
the transferee any right of the transferor to enforce the instrument, including any
right as a holder in due course, but the transferee cannot acquire rights of a holder
in due course by a direct or indirect transfer from a holder in due course if the
transferee engaged in fraud or illegality affecting the instrument. (C) Unless otherwise agreed, if an instrument is transferred for value the transferee
has a specifically enforceable right to the unqualified indorsement of the transferor,
but negotiation of the instrument does not occur until the indorsement is made by
the transferor. (D) If a transferor purports to transfer less than the entire instrument, negotiation
of the instrument does not occur, the transferee of that instrument obtains no rights
under this chapter, and the transferee of that instrument has only the rights of a
partial assignee.
Frequently Asked Questions About Ohio § 1303.22
What does Ohio Revised Code § 1303.22 cover?
Section 1303.22 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1303.22?
A common citation format is "Ohio Revised Code § 1303.22" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1303.22 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.