Ohio § 1308.32
Full text of Ohio Ohio Revised Code § 1308.32, with citation guidance and answers to common questions.
§ 1308.32.
(A) The interest of a debtor in a certificated security may be reached by a creditor
only by actual seizure of the security certificate by the officer making the attachment
or levy, except as otherwise provided in division (D) of this section. However, a certificated security for which the certificate has been surrendered
to the issuer may be reached by a creditor by legal process upon the issuer. (B) The interest of a debtor in an uncertificated security may be reached by a creditor
only by legal process upon the issuer at its chief executive office in the United
States, except as otherwise provided in division (D) of this section. (C) The interest of a debtor in a security entitlement may be reached by a creditor only
by legal process upon the securities intermediary with whom the debtor's securities
account is maintained, except as otherwise provided in division (D) of this section. (D) The interest of a debtor in a certificated security for which the certificate is
in the possession of a secured party, or in an uncertificated security registered
in the name of a secured party, or a security entitlement maintained in the name of
a secured party, may be reached by a creditor by legal process upon the secured party. (E) A creditor whose debtor is the owner of a certificated security, uncertificated security,
or security entitlement is entitled to aid from a court of competent jurisdiction,
by injunction or otherwise, in reaching the certificated security, uncertificated
security, or security entitlement or in satisfying the claim by means allowed at law
or in equity in regard to property that cannot readily be reached by other legal process.
Frequently Asked Questions About Ohio § 1308.32
What does Ohio Revised Code § 1308.32 cover?
Section 1308.32 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 § 1308.32?
A common citation format is "Ohio Revised Code § 1308.32" (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 § 1308.32 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.