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Ohio · Through 1998-01-01 (House Bill 170 - 122nd General Assembly)

Ohio Rev. Code § 1308.17: Protected purchaser - UCC 8-303.

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Where this section sits in the code
  1. Title 13 Commercial Transactions
  2. Chapter 1308 Investment Securities

(A) A "protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

(1) Gives value;

(2) Does not have notice of any adverse claim to the security; and

(3) Obtains control of the certificated or uncertificated security.

(B) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.

Collected 2026-09-14T19:24:29Z. Source file · JSON

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