reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1308.29 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.29 | Fulfilling Duty to Transfer.

Effective: September 20, 1984|Latest Legislation:  Senate Bill 283 - 115th General Assembly|(A) Unless otherwise agreed, if a sale of a security is made on an exchange or otherwise through brokers:(1) The selling customer fulfills his duty to transfer at the time he:(a) Places a certificated security in the possession of the selling broker or of a person designated by the broker;(b) Causes an uncertificated security to be registered in the name of the selling broker or a person designated by the broker;(c) If requested, causes an acknowledgment to be made to the selling broker that a certificated or uncertificated security is held for the broker; or(d) Places in the possession of the selling broker or of a person designated by the broker a transfer instruction for an uncertificated security, providing the issuer does not refuse to register the requested transfer if the instruction is presented to the issuer for registration within thirty days thereafter; and(2) The selling broker, including a correspondent broker acting for a selling customer, fulfills his duty to transfer at the time he:(a) Places a certificated security in the possession of the buying broker or a person designated by the buying broker;(b) Causes an uncertificated security to be registered in the name of the buying broker or a person designated by the buying broker;(c) Places in the possession of the buying broker or of a person designated by the buying broker a transfer instruction for an uncertificated security, providing the issuer does not refuse to register the requested transfer if the instruction is presented to the issuer for registration within thirty days thereafter; or(d) Effects clearance of the sale in accordance with the rules of the exchange on which the transaction took place.(B) Except as provided in this section and unless otherwise agreed, a transferor's duty to transfer a security under a contract of purchase is not fulfilled until he:(1) Places a certificated security in form to be negotiated by the purchaser in the possession of the purchaser or of a person designated the purchaser;(2) Causes an uncertificated security to be registered in the name of the purchaser or a person designated by the purchaser; or(3) If the purchaser requests, causes an acknowledgment to be made to the purchaser that a certificated or uncertificated security is held for the purchaser.(C) Unless made on an exchange, a sale to a broker purchasing for his own account is within division (B) of this section and not within division (A) of this section.
Ohio Rev Code § 1308.30 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.30 | Wrongful Transfer of Security.

Effective: September 20, 1984|Latest Legislation:  Senate Bill 283 - 115th General Assembly|(A) Any person against whom the transfer of a security is wrongful for any reason, including his incapacity, as against anyone except a bona fide purchaser, may:(1) Reclaim possession of the certificated security wrongfully transferred;(2) Obtain possession of any new certificated security representing all or part of the same rights;(3) Compel the origination of an instruction to transfer to him or a person designated by him an uncertificated security constituting all or part of the same rights; or(4) Have damages.(B) If the transfer is wrongful because of an unauthorized indorsement of a certificated security, the owner may also reclaim or obtain possession of the security or a new certificated security even from a bona fide purchaser if the ineffectiveness of the purported indorsement can be asserted against him under the provisions of section 1308.26 of the Revised Code on unauthorized indorsements.(C) The right to obtain or reclaim possession of a certificated security or to compel the origination of a transfer instruction may be specifically enforced and the transfer of a certificated or uncertificated security enjoined and a certificated security impounded pending the litigation.
Ohio Rev Code § 1308.31 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.31 | Purchaser's Right to Requisites for Registration of Transfer - Ucc 8-307.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|Unless otherwise agreed, the transferor of a security on due demand shall supply the purchaser with proof of authority to transfer or with any other requisite necessary to obtain registration of the security, but if the transfer is not for value, a transferor need not comply unless the purchaser pays the necessary expenses. If the transferor fails within a reasonable time to comply with the demand, the purchaser may reject or rescind the transfer.
Ohio Rev Code § 1308.32 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.32 | Creditor's Legal Process - Ucc 8-112.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(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.
Ohio Rev Code § 1308.33 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.33 | Securities Intermediary and Others Not Liable to Adverse Claimant - Ucc 8-115 - Securities Intermediary as Purchaser for Value - Ucc 8-116.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A securities intermediary that has transferred a financial asset pursuant to an effective entitlement order, or a broker or other agent or bailee that has dealt with a financial asset at the direction of its customer or principal, is not liable to a person having an adverse claim to the financial asset, unless the securities intermediary, or broker or other agent or bailee:(1) Took the action after it had been served with an injunction, restraining order, or other legal process enjoining it from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order, or other legal process; or(2) Acted in collusion with the wrongdoer in violating the rights of the adverse claimant; or(3) In the case of a security certificate that has been stolen, acted with notice of the adverse claim.(B) A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.
Ohio Rev Code § 1308.37 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.37 | Duty of Issuer to Register Transfer - Ucc 8-401.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(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.
Ohio Rev Code § 1308.38 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.38 | Assurance That Indorsement or Instruction Is Effective - Ucc 8-402.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) An issuer may require the following assurance that each necessary indorsement or each instruction is genuine and authorized:(1) In all cases, a guaranty of the signature of the person making an indorsement or originating an instruction including, in the case of an instruction, reasonable assurance of identity;(2) If the indorsement is made or the instruction is originated by an agent, appropriate assurance of actual authority to sign;(3) If the indorsement is made or the instruction is originated by a fiduciary pursuant to division (A)(4) or (5) of section 1308.23 of the Revised Code, appropriate evidence of appointment, or incumbency;(4) If there is more than one fiduciary, reasonable assurance that all who are required to sign have done so; and(5) If the indorsement is made or the instruction is originated by a person not covered by another provision of division (A) of this section, assurance appropriate to the case corresponding as nearly as may be to such provisions.(B) An issuer may elect to require reasonable assurance beyond that specified in this section.(C) In this section:(1) "Guaranty of the signature" means a guaranty signed by or on behalf of a person reasonably believed by the issuer to be responsible. The issuer may adopt standards with respect to responsibility if they are not manifestly unreasonable.(2) "Appropriate evidence of appointment or incumbency" means:(a) In the case of a fiduciary appointed or qualified by a court, a certificate issued by or under the direction or supervision of that court or an officer thereof and dated within sixty days before the date of presentation for transfer; or(b) In any other case, a copy of a document showing the appointment or a certificate issued by or on behalf of a person reasonably believed by the issuer to be responsible or, in the absence of that document or certificate, other evidence the issuer reasonably considered appropriate.
Ohio Rev Code § 1308.39 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.39 | Demand That Issuer Not Register Transfer - Ucc 8-403.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) A person who is an appropriate person to make an indorsement or originate an instruction may demand that the issuer not register transfer of a security by communicating to the issuer a notification that identifies the registered owner and the issue of which the security is a part and provides an address for communications directed to the person making the demand. The demand is effective only if it is received by the issuer at a time and in a manner affording the issuer reasonable opportunity to act on it.(B) If a certificated security in registered form is presented to an issuer with a request to register transfer or an instruction is presented to an issuer with a request to register transfer of an uncertificated security after a demand that the issuer not register transfer has become effective, the issuer shall promptly communicate to the person who initiated the demand at the address provided in the demand and the person who presented the security for registration of transfer or initiated the instruction requesting registration of transfer a notification stating that:(1) The certificated security has been presented for registration of transfer or the instruction for registration of transfer of the uncertificated security has been received;(2) A demand that the issuer not register transfer had previously been received; and(3) The issuer will withhold registration of transfer for a period of time stated in the notification in order to provide the person who initiated the demand an opportunity to obtain legal process or an indemnity bond.(C) The period described in division (B)(3) of this section may not exceed thirty days after the date of communication of the notification. A shorter period may be specified by the issuer if it is not manifestly unreasonable.(D) An issuer is not liable to a person who initiated a demand that the issuer not register transfer for any loss the person suffers as a result of registration of a transfer pursuant to an effective indorsement or instruction if the person who initiated the demand does not, within the time stated in the issuer's communication, either:(1) Obtain an appropriate restraining order, injunction, or other process from a court of competent jurisdiction enjoining the issuer from registering the transfer; or(2) File with the issuer an indemnity bond, sufficient in the issuer's judgment to protect the issuer and any transfer agent, registrar, or other agent of the issuer involved from any loss it or they may suffer by refusing to register the transfer.(E) This section does not relieve an issuer from liability for registering transfer pursuant to an indorsement or instruction that was not effective.
Ohio Rev Code § 1308.40 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.40 | Wrongful Registration - Ucc 8-404.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) Except as otherwise provided in section 1308.41 of the Revised Code. An issuer is liable for wrongful registration of transfer if the issuer has registered a transfer of a security to a person not entitled to it, and the transfer was registered:(1) Pursuant to an ineffective indorsement or instruction;(2) After a demand that the issuer not register transfer became effective under division (A) of section 1308.39 of the Revised Code and the issuer did not comply with division (B) of that section;(3) After the issuer had been served with an injunction, restraining order, or other legal process enjoining it from registering the transfer, issued by a court of competent jurisdiction, and the issuer had a reasonable opportunity to act on the injunction, restraining order, or other legal process; or(4) By an issuer acting in collusion with the wrongdoer.(B) An issuer that is liable for wrongful registration of transfer under division (A) of this section on demand shall provide the person entitled to the security with a like certificated or uncertificated security, and any payments or distributions that the person did not receive as a result of the wrongful registration. If an overissue would result, the issuer's liability to provide the person with a like security is governed by section 1308.03 of the Revised Code.(C) Except as otherwise provided in division (A) of this section or in a law relating to the collection of taxes, an issuer is not liable to an owner or other person suffering loss as a result of the registration of a transfer of a security if registration was made pursuant to an effective indorsement or instruction.
Ohio Rev Code § 1308.41 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.41 | Obligation to Notify Issuer of Lost, Destroyed or Wrongfully Taken Security Certificate - Ucc 8-406 - Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate - Ucc 8-405.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) If a security certificate has been lost, apparently destroyed, or wrongfully taken and the owner fails to notify the issuer of that fact within a reasonable time after the owner has notice of it and the issuer registers a transfer of the security before receiving notification, the owner may not assert against the issuer a claim for registering the transfer under section 1308.40 of the Revised Code or any claim to a new security under this section.(B) If the owner of a certificated security, whether in registered or bearer form, claims that the security has been lost, destroyed, or wrongfully taken, the issuer shall issue a new certificate if the owner:(1) So requests before the issuer has notice that the security has been acquired by a protected purchaser;(2) Files with the issuer a sufficient indemnity bond; and(3) Satisfies other reasonable requirements imposed by the issuer.(C) If, after the issue of a new security certificate, a protected purchaser of the original security presents it for registration of transfer, the issuer shall register the transfer unless an overissue would result. In that case, the issuer's liability is governed by section 1308.03 of the Revised Code. In addition to any rights on the indemnity bond, the issuer may recover the new certificate from the person to whom it was issued or any person taking under that person, except a protected purchaser.
Ohio Rev Code § 1308.42 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.42 | Authenticating Trustee, Transfer Agent, and Registrar - Ucc 8-407.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|A person acting as authenticating trustee, transfer agent, registrar, or other agent for an issuer in the registration of a transfer of its securities, in the issue of new security certificates or uncertificated securities, or in the cancellation of surrendered security certificates, has the same obligation to the holder or owner of a certificated or uncertificated security with regard to the particular functions performed as the issuer has in regard to those functions.
Ohio Rev Code § 1308.51 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.51 | Securities Account - Acquisition of Security Entitlement From Securities Intermediary - Ucc 8-501.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|(A) "Securities account" means an account to which a financial asset is or may be credited in accordance with an agreement under which the person maintaining the account undertakes to treat the person for whom the account is maintained as entitled to exercise the rights that comprise the financial asset.(B) Except as otherwise provided in divisions (D) and (E) of this section, a person acquires a security entitlement if a securities intermediary:(1) Indicates by book entry that a financial asset has been credited to the person's securities account;(2) Receives a financial asset from the person or acquires a financial asset for the person and, in either case, accepts it for credit to the person's securities account; or(3) Becomes obligated under other law, regulation, or rule to credit a financial asset to the person's securities account.(C) If a condition of division (B) of this section has been met, a person has a security entitlement even though the securities intermediary does not itself hold the financial asset.(D) If a securities intermediary holds a financial asset for another person, and the financial asset is registered in the name of, payable to the order of, or specially indorsed to the other person, and has not been indorsed to the securities intermediary or in blank, the other person is treated as holding the financial asset directly rather than as having a security entitlement with respect to the financial asset.(E) Issuance of a security is not establishment of a security entitlement.
Ohio Rev Code § 1308.52 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1308 | Investment Securities|Section 1308.52 | Assertion of Adverse Claim Against Entitlement Holder - Ucc 8-502.

Effective: January 1, 1998|Latest Legislation:  House Bill 170 - 122nd General Assembly|An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under section 1308.51 of the Revised Code for value and without notice of the adverse claim.