Ohio § 1308.18
Full text of Ohio Ohio Revised Code § 1308.18, with citation guidance and answers to common questions.
§ 1308.18.
(A) A person acquires a security or an interest therein, under this chapter, if: (1) The person is a purchaser to whom a security is delivered pursuant to section 1308.27 of the Revised Code ; or (2) The person acquires a security entitlement to the security pursuant to section 1308.51 of the Revised Code . (B) A person acquires a financial asset, other than a security, or an interest therein,
under this chapter, if the person acquires a security entitlement to the financial
asset. (C) A person who acquires a security entitlement to a security or other financial asset
has the rights specified in sections 1308.51 to 1308.61 of the Revised Code , but is a purchaser of any security, security entitlement, or other financial asset
held by the securities intermediary only to the extent provided in section 1308.53 of the Revised Code . (D) Unless the context shows that a different meaning is intended, a person who is required
by other law, regulation, rule, or agreement to transfer, deliver, present, surrender,
exchange, or otherwise put in the possession of another person a security or financial
asset satisfies that requirement by causing the other person to acquire an interest
in the security or financial asset pursuant to division (A) or (B) of this section.
Frequently Asked Questions About Ohio § 1308.18
What does Ohio Revised Code § 1308.18 cover?
Section 1308.18 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 § 1308.18?
A common citation format is "Ohio Revised Code § 1308.18" (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 § 1308.18 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.