Ohio § 1308.58
Full text of Ohio Ohio Revised Code § 1308.58, with citation guidance and answers to common questions.
§ 1308.58.
A securities intermediary shall act at the direction of an entitlement holder to change
a security entitlement into another available form of holding for which the entitlement
holder is eligible, or to cause the financial asset to be transferred to a securities
account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if: (A) The securities intermediary acts as agreed upon by the entitlement holder and the
securities intermediary; or (B) In the absence of agreement, the securities intermediary exercises due care in accordance
with reasonable commercial standards to follow the direction of the entitlement holder.
Frequently Asked Questions About Ohio § 1308.58
What does Ohio Revised Code § 1308.58 cover?
Section 1308.58 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 § 1308.58?
A common citation format is "Ohio Revised Code § 1308.58" (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 § 1308.58 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.