Ohio Statutes
§ 1707.38 — Effect of violation on validity of security
Ohio § 1707.38
This text of Ohio § 1707.38 (Effect of violation on validity of security) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 1707.38 (2026).
Text
The issuance or sale of any security in violation of sections1707.01to1707.50, inclusive, of the Revised Code, does not invalidate such security; but the rights of persons defrauded by any such issuance or sale shall not be impaired.
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Related
First Financial Servs. v. Cross Tabernacle, 06ap-404 (8-21-2007)
2007 Ohio 4274 (Ohio Court of Appeals, 2007)
Legislative History
Effective: March 31, 2021 | Latest Legislation: House Bill 312 - 133rd General Assembly
Nearby Sections
15
§ 1707.01
Securities definitions§ 1707.02
Exempt securities§ 1707.03
Exempt transactions§ 1707.042
Prohibited acts relating to control bids§ 1707.043
Preventing manipulative practices§ 1707.05
Definitions§ 1707.052
Offerings-disclosure to purchasers§ 1707.053
Offerings-certification from purchasers§ 1707.054
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Bluebook (online)
Ohio § 1707.38, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/1707.38.