Ohio § 1308.22
Full text of Ohio Ohio Revised Code § 1308.22, with citation guidance and answers to common questions.
§ 1308.22.
(A) An indorsement may be in blank or special. An indorsement in blank includes an indorsement to bearer. A special indorsement specifies to whom a security is to be transferred or who has
power to transfer it. A holder may convert a blank indorsement to a special indorsement. (B) An indorsement purporting to be only of part of a security certificate representing
units intended by the issuer to be separately transferable is effective to the extent
of the indorsement. (C) An indorsement, whether special or in blank, does not constitute a transfer until
delivery of the certificate on which it appears or, if the indorsement is on a separate
document, until delivery of both the document and the certificate. (D) If a security certificate in registered form has been delivered to a purchaser without
a necessary indorsement, the purchaser may become a protected purchaser only when
the indorsement is supplied. However, against a transferor, a transfer is complete upon delivery and the purchaser
has a specifically enforceable right to have any necessary indorsement supplied. (E) An indorsement of a security certificate in bearer form may give notice of an adverse
claim to the certificate, but it does not otherwise affect a right to registration
that the holder possesses. (F) Unless otherwise agreed, a person making an indorsement assumes only the obligations
provided in section 1308.20 of the Revised Code and not an obligation that the security will be honored by the issuer.
Frequently Asked Questions About Ohio § 1308.22
What does Ohio Revised Code § 1308.22 cover?
Section 1308.22 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 § 1308.22?
A common citation format is "Ohio Revised Code § 1308.22" (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 § 1308.22 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.