reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1308.13 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.13 | Completion or Alteration of Security Certificate - Ucc 8-206.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) If a security certificate contains the signatures necessary to its issue or transfer but is incomplete in any other respect:(1) Any person may complete it by filling in the blanks as authorized; and(2) Even if the blanks are incorrectly filled in, the security as completed is enforceable by a purchaser who took it for value and without notice of the incorrectness.(B) A complete security certificate that has been improperly altered, even if fraudulently, remains enforceable, but only according to its original terms.
Ohio Rev Code § 1308.14 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.14 | Rights and Duties of Issuer With Respect to Registered Owners - Ucc 8-207.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) Before due presentment for registration of transfer of a certificated security in registered form or of an instruction requesting registration of transfer of an uncertificated security, the issuer or indenture trustee may treat the registered owner as the person exclusively entitled to vote, receive notifications, and otherwise exercise all the rights and powers of an owner.(B) This chapter does not affect the liability of the registered owner of a security for calls, assessments, or the like.
Ohio Rev Code § 1308.15 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.15 | Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent - Ucc 8-208.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A person signing a security certificate as authenticating trustee, registrar, transfer agent, or the like, warrants to a purchaser for value of the certificated security, if the purchaser is without notice of the particular defect, that:(1) The certificate is genuine;(2) The person's own participation in the issue of the security is within the person's capacity and within the scope of the authority received by the person from the issuer; and(3) The person has reasonable grounds to believe the certificated security is in the form and within the amount the issuer is authorized to issue.(B) Unless otherwise agreed, a person signing under division (A) of this section does not assume responsibility for the validity of the security in other respects.
Ohio Rev Code § 1308.16 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.16 | Rights of Purchaser - Ucc 8-302.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Except as otherwise provided in divisions (B) and (C) of this section, a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.(B) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.(C) A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.
Ohio Rev Code § 1308.17 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.17 | Protected Purchaser - Ucc 8-303.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A "protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:(1) Gives value;(2) Does not have notice of any adverse claim to the security; and(3) Obtains control of the certificated or uncertificated security.(B) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.
Ohio Rev Code § 1308.18 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.18 | Acquisition of Security or Financial Asset or Interest Therein - Ucc 8-104.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A person acquires a security or an interest therein, under this chapter, if:(1) The person is a purchaser to whom a security is delivered pursuant to section 1308.27 of the Revised Code; or(2) The person acquires a security entitlement to the security pursuant to section 1308.51 of the Revised Code.(B) A person acquires a financial asset, other than a security, or an interest therein, under this chapter, if the person acquires a security entitlement to the financial asset.(C) A person who acquires a security entitlement to a security or other financial asset has the rights specified in sections 1308.51 to 1308.61 of the Revised Code, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in section 1308.53 of the Revised Code.(D) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to division (A) or (B) of this section.
Ohio Rev Code § 1308.19 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.19 | Notice of Adverse Claim - Ucc 8-105.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A person has notice of an adverse claim if:(1) The person knows of the adverse claim;(2) The person is aware of facts sufficient to indicate that there is a significant probability that the adverse claim exists and deliberately avoids information that would establish the existence of the adverse claim; or(3) The person has a duty, imposed by statute or rule, to investigate whether an adverse claim exists, and the investigation so required would establish the existence of the adverse claim.(B) Having knowledge that a financial asset or interest therein is or has been transferred by a representative imposes no duty of inquiry into the rightfulness of a transaction and is not notice of an adverse claim. However, a person who knows that a representative has transferred a financial asset or interest therein in a transaction that is, or whose proceeds are being used, for the individual benefit of the representative or otherwise in breach of duty has notice of an adverse claim.(C) An act or event that creates a right to immediate performance of the principal obligation represented by a security certificate or sets a date on or after which the certificate is to be presented or surrendered for redemption or exchange does not itself constitute notice of an adverse claim except in the case of a transfer more than:(1) One year after a date set for presentment or surrender for redemption or exchange; or(2) Six months after a date set for payment of money against presentation or surrender of the certificate, if money was available for payment on that date.(D) A purchaser of a certificated security has notice of an adverse claim if the security certificate:(1) Whether in bearer or registered form, has been indorsed "for collection" or "for surrender" or for some other purpose not involving transfer; or(2) Is in bearer form and has on it an unambiguous statement that it is the property of a person other than the transferor, but the mere writing of a name on the certificate is not such a statement.(E) Filing of a financing statement under Chapter 1309. of the Revised Code is not notice of an adverse claim to a financial asset.
Ohio Rev Code § 1308.21 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.21 | Warranties in Indirect Holding - Ucc 8-109.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A person who originates an entitlement order to a securities intermediary warrants to the securities intermediary that:(1) The entitlement order is made by an appropriate person, or if the entitlement order is by an agent, the agent has actual authority to act on behalf of the appropriate person; and(2) There is no adverse claim to the security entitlement.(B) A person who delivers a security certificate to a securities intermediary for credit to a securities account or originates an instruction with respect to an uncertificated security directing that the uncertificated security be credited to a securities account makes to the securities intermediary the warranties specified in division (A) or (B) of section 1308.20 of the Revised Code.(C) If a securities intermediary delivers a security certificate to its entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated security, the securities intermediary makes to the entitlement holder the warranties specified in division (A) or (B) of section 1308.20 of the Revised Code.
Ohio Rev Code § 1308.22 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.22 | Indorsement - Ucc 8-304.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) An indorsement may be in blank or special. An indorsement in blank includes an indorsement to bearer. A special indorsement specifies to whom a security is to be transferred or who has power to transfer it. A holder may convert a blank indorsement to a special indorsement.(B) An indorsement purporting to be only of part of a security certificate representing units intended by the issuer to be separately transferable is effective to the extent of the indorsement.(C) An indorsement, whether special or in blank, does not constitute a transfer until delivery of the certificate on which it appears or, if the indorsement is on a separate document, until delivery of both the document and the certificate.(D) If a security certificate in registered form has been delivered to a purchaser without a necessary indorsement, the purchaser may become a protected purchaser only when the indorsement is supplied. However, against a transferor, a transfer is complete upon delivery and the purchaser has a specifically enforceable right to have any necessary indorsement supplied.(E) An indorsement of a security certificate in bearer form may give notice of an adverse claim to the certificate, but it does not otherwise affect a right to registration that the holder possesses.(F) Unless otherwise agreed, a person making an indorsement assumes only the obligations provided in section 1308.20 of the Revised Code and not an obligation that the security will be honored by the issuer.
Ohio Rev Code § 1308.23 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.23 | Whether Indorsement, Instruction, or Entitlement Order Is Effective - Ucc 8-107.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) "Appropriate person" means:(1) With respect to an indorsement, the person specified by a security certificate or by an effective special indorsement to be entitled to the security;(2) With respect to an instruction, the registered owner of an uncertificated security;(3) With respect to an entitlement order, the entitlement holder;(4) If the person designated in division (A)(1), (2), or (3) of this section is deceased, the designated person's successor taking under other law or the designated person's personal representative acting for the estate of the decedent; or(5) If the person designated in division (A)(1), (2), or (3) of this section lacks capacity, the designated person's guardian, conservator, or other similar representative who has power under other law to transfer the security or financial asset.(B) An indorsement, instruction, or entitlement order is effective if:(1) It is made by the appropriate person;(2) It is made by a person who has power under the law of agency to transfer the security or financial asset on behalf of the appropriate person, including, in the case of an instruction or entitlement order, a person who has control under division (C)(2) or (D)(2) of section 1308.24 of the Revised Code; or(3) The appropriate person has ratified it or is otherwise precluded from asserting its ineffectiveness.(C) An indorsement, instruction, or entitlement order made by a representative is effective even if:(1) The representative has failed to comply with a controlling instrument or with the law of the state having jurisdiction of the representative relationship, including any law requiring the representative to obtain court approval of the transaction; or(2) The representative's action in making the indorsement, instruction, or entitlement order or using the proceeds of the transaction is otherwise a breach of duty.(D) If a security is registered in the name of or specially indorsed to a person described as a representative, or if a securities account is maintained in the name of a person described as a representative, an indorsement, instruction, or entitlement order made by the person is effective even though the person is no longer serving in the described capacity.(E) Effectiveness of an indorsement, instruction, or entitlement order is determined as of the date the indorsement, instruction, or entitlement order is made, and an indorsement, instruction, or entitlement order does not become ineffective by reason of any later change of circumstances.
Ohio Rev Code § 1308.24 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.24 | Control - Ucc 8-106.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) A purchaser has "control" of a certificated security in bearer form if the certificated security is delivered to the purchaser.(B) A purchaser has "control" of a certificated security in registered form if the certificated security is delivered to the purchaser, and:(1) The certificate is indorsed to the purchaser or in blank by an effective indorsement; or(2) The certificate is registered in the name of the purchaser, upon original issue or registration of transfer by the issuer.(C) A purchaser has "control" of an uncertificated security if:(1) The uncertificated security is delivered to the purchaser; or(2) The issuer has agreed that it will comply with instructions originated by the purchaser without further consent by the registered owner.(D) A purchaser has "control" of a security entitlement if:(1) The purchaser becomes the entitlement holder; or(2) The securities intermediary has agreed that it will comply with entitlement orders originated by the purchaser without further consent by the entitlement holder; or(3) Another person has control of the security entitlement on behalf of the purchaser or, having previously acquired control of the security entitlement, acknowledges having control on behalf of the purchaser.(E) If an interest in a security entitlement is granted by the entitlement holder to the entitlement holder's own securities intermediary, the securities intermediary has control.(F) A purchaser who has satisfied the requirements of division (C) or (D) of this section has control even if the registered owner in the case of division (C) of this section or the entitlement holder in the case of division (D) of this section retains the right to make substitutions for the uncertificated security or security entitlement, to originate instructions or entitlement orders to the issuer or securities intermediary, or otherwise to deal with the uncertificated security or security entitlement.(G) An issuer or a securities intermediary may not enter into an agreement of the kind described in division (C)(2) or (D)(2) of this section without the consent of the registered owner or entitlement holder, but an issuer or a securities intermediary is not required to enter into such an agreement even though the registered owner or entitlement holder so directs. An issuer or securities intermediary that has entered into such an agreement is not required to confirm the existence of the agreement to another party unless requested to do so by the registered owner or entitlement holder.
Ohio Rev Code § 1308.25 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.25 | Instruction - Ucc 8-305.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) If an instruction has been originated by an appropriate person but is incomplete in any other respect, any person may complete it as authorized and the issuer may rely on it as completed, even though it has been completed incorrectly.(B) Unless otherwise agreed, a person initiating an instruction assumes only the obligations imposed by section 1308.20 of the Revised Code and not an obligation that the security will be honored by the issuer.
Ohio Rev Code § 1308.26 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.26 | Effect of Guaranteeing Signature, Indorsement, or Instruction - Ucc 8-306.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A person who guarantees a signature of an indorser of a security certificate warrants that at the time of signing:(1) The signature was genuine;(2) The signer was an appropriate person to indorse, or if the signature is by an agent, the agent had actual authority to act on behalf of the appropriate person; and(3) The signer had legal capacity to sign.(B) A person who guarantees a signature of the originator of an instruction warrants that at the time of signing:(1) The signature was genuine;(2) The signer was an appropriate person to originate the instruction, or if the signature is by an agent, the agent had actual authority to act on behalf of the appropriate person, if the person specified in the instruction as the registered owner was, in fact, the registered owner, as to which fact the signature guarantor does not make a warranty; and(3) The signer had legal capacity to sign.(C) A person who specially guarantees the signature of an originator of an instruction makes the warranties of a signature guarantor under division (B) of this section and also warrants that at the time the instruction is presented to the issuer:(1) The person specified in the instruction as the registered owner of the uncertificated security will be the registered owner; and(2) The transfer of the uncertificated security requested in the instruction will be registered by the issuer free from all liens, security interests, restrictions, and claims other than those specified in the instruction.(D) A guarantor under divisions (A) and (B) of this section or a special guarantor under division (C) of this section does not otherwise warrant the rightfulness of the transfer.(E) A person who guarantees an indorsement of a security certificate makes the warranties of a signature guarantor under division (A) of this section and also warrants the rightfulness of the transfer in all respects.(F) A person who guarantees an instruction requesting the transfer of an uncertificated security makes the warranties of a special signature guarantor under division (C) of this section and also warrants the rightfulness of the transfer in all respects.(G) An issuer may not require a special guaranty of signature, a guaranty of indorsement, or a guaranty of instruction as a condition to registration of transfer.(H) The warranties under this section are made to a person taking or dealing with the security in reliance on the guaranty, and the guarantor is liable to the person for loss resulting from their breach. An indorser or originator of an instruction whose signature, indorsement, or instruction has been guaranteed is liable to a guarantor for any loss suffered by the guarantor as a result of breach of the warranties of the guarantor.
Ohio Rev Code § 1308.27 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.27 | Delivery - Ucc 8-301.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(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.