Ohio § 1308.27
Full text of Ohio Ohio Revised Code § 1308.27, with citation guidance and answers to common questions.
§ 1308.27.
(A) Delivery of a certificated security to a purchaser occurs when: (1) The purchaser acquires possession of the security certificate; (2) Another person, other than a securities intermediary, either acquires possession
of the security certificate on behalf of the purchaser or, having previously acquired
possession of the certificate, acknowledges that it holds for the purchaser; or (3) A securities intermediary acting on behalf of the purchaser acquires possession of
the security certificate, only if the certificate is in registered form and is (a)
registered in the name of the purchaser, (b) payable to the order of the purchaser,
or (c) specially indorsed to the purchaser by an effective indorsement and has not
been indorsed to the securities intermediary or in blank. (B) Delivery of an uncertificated security to a purchaser occurs when: (1) The issuer registers the purchaser as the registered owner, upon original issue or
registration of transfer; or (2) Another person, other than a securities intermediary, either becomes the registered
owner of the uncertificated security on behalf of the purchaser or, having previously
become the registered owner, acknowledges that it holds for the purchaser.
Frequently Asked Questions About Ohio § 1308.27
What does Ohio Revised Code § 1308.27 cover?
Section 1308.27 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 § 1308.27?
A common citation format is "Ohio Revised Code § 1308.27" (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 § 1308.27 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.