Ohio § 1308.37
Full text of Ohio Ohio Revised Code § 1308.37, with citation guidance and answers to common questions.
§ 1308.37.
(A) If a certificated security in registered form is presented to the issuer with a request
to register transfer or an instruction is presented to the issuer with a request to
register transfer of an uncertificated security, the issuer shall register the transfer
as requested if: (1) Under the terms of the security the person seeking registration of transfer is eligible
to have the security registered in its name; (2) The indorsement or instruction is made by the appropriate person or by an agent who
has actual authority to act on behalf of the appropriate person; (3) Reasonable assurance is given that the indorsement or instruction is genuine and
authorized, as provided in section 1308.38 of the Revised Code ; (4) Any applicable law relating to the collection of taxes has been complied with; (5) The transfer does not violate any restriction on transfer imposed by the issuer in
accordance with section 1308.11 of the Revised Code ; (6) A demand that the issuer not register transfer has not become effective under section 1308.39 of the Revised Code , or the issuer has complied with division (B) of that section but no legal process
or indemnity bond is obtained as provided in division (D) of that section; and (7) The transfer is in fact rightful or is to a protected purchaser. (B) If an issuer is under a duty to register a transfer of a security, the issuer is
also liable to the person presenting a certificated security or an instruction for
registration or the person's principal for loss resulting from unreasonable delay
in registration or from failure or refusal to register the transfer.
Frequently Asked Questions About Ohio § 1308.37
What does Ohio Revised Code § 1308.37 cover?
Section 1308.37 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 § 1308.37?
A common citation format is "Ohio Revised Code § 1308.37" (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 § 1308.37 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.