Ohio Code § 1308.02
Ohio Code § 1308.02. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1308.02.
(A) A share or similar equity interest issued by a corporation, business trust, joint
stock company, or similar entity is a security. (B) An “ investment company security ” is a security. “ Investment company security ” means a share or similar equity interest issued by an entity that is registered
as an investment company under the federal investment company laws, an interest in
a unit investment trust that is so registered, or a face-amount certificate issued
by a face-amount certificate company that is so registered. Investment company security does not include an insurance policy or endowment policy
or annuity contract issued by an insurance company. (C) An interest in a partnership or limited liability company is not a security unless
it is dealt in or traded on securities exchanges or in securities markets, its terms
expressly provide that it is a security governed by this chapter, or it is an investment
company security. However, an interest in a partnership or limited liability company is a financial
asset if it is held in a securities account. (D) A writing that is a security certificate is governed by this chapter and not by Chapter
1303. of the Revised Code, even though it also meets the requirements of that chapter. However, a negotiable instrument governed by Chapter 1303. of the Revised Code is
a financial asset if it is held in a securities account. (E) An option or similar obligation issued by a clearing corporation to its participants
is not a security, but is a financial asset. (F) A commodity contract, as defined in division (A)(15) of section 1309.102 of the Revised Code , is not a security or a financial asset. (G) A document of title is not a financial asset unless division (A)(9)(c) of section 1308.01 of the Revised Code applies.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1308.02
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1308.02?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1308.02 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1308.02 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.