{"data":{"id":"us-oh/ohio-rev.-code-1308.58","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1308.58","heading":"Duty of securities intermediary to change entitlement holder's position to other form of security holding - UCC 8-508.","body":"A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:\n(A) The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n(B) In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["Title 13 Commercial Transactions","Chapter 1308 Investment Securities"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1308.58","current_through":"1998-01-01 (House Bill 170 - 122nd General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"06cc5f862d7bfab18a599f77b8d23b4152e30538fa3b5a8328daa3f03ccd9650","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1308.57","next":"us-oh/ohio-rev.-code-1308.59"},"notice":"GroundRules: Original legal text. Not legal advice."}