Ohio Code § 1303.24

§ 1303.24.

(A)(1) “ Indorsement ” means a signature, other than that of a signer as maker, drawer, or acceptor, that

alone or accompanied by other words is made on an instrument for any of the following

purposes: (a) To negotiate the instrument; (b) To restrict payment of the instrument; (c) To incur the indorser's liability on the instrument. (2) Regardless of the intent of the signer, a signature and its accompanying words is

an “indorsement” unless the accompanying words, terms of the instrument, place of

the signature, or other circumstances unambiguously indicate that the signature was

made for a purpose other than indorsement.  For the purpose of determining whether a signature is made on an instrument, a paper

affixed to the instrument is a part of the instrument. (B) “ Indorser ” means a person who makes an indorsement. (C) For the purpose of determining whether the transferee of an instrument is a holder,

an indorsement that transfers a security interest in the instrument is effective as

an unqualified indorsement of the instrument. (D) If an instrument is payable to a holder under a name that is not the name of the

holder, indorsement may be made by the holder in the name stated in the instrument

or in the holder's name or both, but signatures in both names may be required by a

person paying or taking the instrument for value or collection.