Yes it is. You need to use modules like 'node access' and 'node access user reference'.

On Wed, May 26, 2010 at 12:32 PM, Mutuku Ndeti <jnmutuku@gmail.com> wrote:
Hello,

Is it possible to assign the ownership of a node to another user upon creation.  The node creator chooses who to assign the node to.

James

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Cheers
Sumeet Pareek