Ohio § 1309.106
Full text of Ohio Ohio Revised Code § 1309.106, with citation guidance and answers to common questions.
§ 1309.106.
(A) A person has control of a certificated security, uncertificated security, or security
entitlement as provided in section 1308.24 of the Revised Code . (B) A secured party has control over a commodity contract if: (1) The secured party is the commodity intermediary with which the commodity contract
is carried; or (2) The commodity customer, secured party, and commodity intermediary have agreed that
the commodity intermediary will apply any value distributed on account of the commodity
contract as directed by the secured party without further consent by the commodity
customer. (C) A secured party having control of all security entitlements or commodity contracts
carried in a securities account or commodity account has control over the securities
account or commodity account.
Frequently Asked Questions About Ohio § 1309.106
What does Ohio Revised Code § 1309.106 cover?
Section 1309.106 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 § 1309.106?
A common citation format is "Ohio Revised Code § 1309.106" (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 § 1309.106 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.