Ohio Code § 1308.27

Ohio Code § 1308.27. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1308.27.

(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.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 1308.27
  • 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 § 1308.27?

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 § 1308.27 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 § 1308.27 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Statutes are amended, repealed, and renumbered every session.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.