TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 8
INVESTMENT SECURITIES

Part 5
Security Entitlements

Section 382-A:8-502

382-A:8-502 Assertion of Adverse Claim Against Entitlement Holder. – An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under Section 8-501 for value and without notice of the adverse claim.

Source. 1998, 326:1, eff. Jan. 1, 1999.

TITLE XXXIV-AUNIFORM COMMERCIAL CODE

CHAPTER 382-AUNIFORM COMMERCIAL CODE

ARTICLE 8INVESTMENT SECURITIES

Part 5Security Entitlements

Section 382-A:8-502

TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 8
INVESTMENT SECURITIES

Part 5
Security Entitlements