Checkout of an item checks out all versions

Toolset

Provide explanation of why checking out a class from the library causes all versions of the class to be marked as 'checkedout'

ObjecTime developers using version control libraries

All Versions

When an object is checked out of a library, the object is considered to be checked out, not a version of the object. A new version of the object which has been checked out is created. The tool is showing you that the object is checked out, not that a version of the object is checked out.

Checking objects in and out is used to manage a single version stream. A copy of a version of an object can also be taken out of the library, but this is not the same as checking out the object. The toolset does not provide any direct support for branched version streams.

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ObjecTime Toolset Guide, libraries section