Ohio Rev. Code » Chapter 1308
Ohio Revised Code

Ohio Rev. Code § 1308.06 (2026)

Clearing corporation rules - UCC 8-111

✓ current as of May 2026
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Effective:
January 1, 1998
Latest Legislation:
House Bill 170 - 122nd General Assembly
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A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this chapter and affects another party who does not consent to the rule.
Notes of Decisions
Cited in 1 case, 1994–1994 · leading case: Chiles v. M.C. Capital Corp., 642 N.E.2d 1115 (Ohio Ct. App. 1994).
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Chiles v. M.C. Capital Corp., 642 N.E.2d 1115 (Ohio Ct. App. 1994). · cites it 7× “Thus, an issuer may transfer securities which comply with the negotiability requirements of R.C. 1308.06, but nonetheless violate securities laws for lack of registration or exemption.”
Ohio Rev. Code § 1308.06(A): 1 case
Chiles v. M.C. Capital Corp., 642 N.E.2d 1115 (Ohio Ct. App. 1994). “Thus, an issuer may transfer securities which comply with the negotiability requirements of R.C. 1308.06, but nonetheless violate securities laws for lack of registration or exemption.”
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