Ohio Code § 1309.106

Ohio Code § 1309.106. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 1309.106.

(A) A person has control of a certificated security, uncertificated security, or security

entitlement as provided in section 1308.24 of the Revised Code . (B) A secured party has control over a commodity contract if: (1) The secured party is the commodity intermediary with which the commodity contract

is carried;  or (2) The commodity customer, secured party, and commodity intermediary have agreed that

the commodity intermediary will apply any value distributed on account of the commodity

contract as directed by the secured party without further consent by the commodity

customer. (C) A secured party having control of all security entitlements or commodity contracts

carried in a securities account or commodity account has control over the securities

account or commodity account.

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

At a glance

  • Citation: Ohio Revised Code § 1309.106
  • Jurisdiction: Ohio
  • Code: Ohio Revised Code
  • Text: transcribed from the official source (verify below)

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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 § 1309.106?

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 § 1309.106 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 § 1309.106 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Statutes are amended, repealed, and renumbered every session.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.

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