57A-8-502 Assertion of adverse claim against entitlement holder.
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 § 57A-8-501 for value and without notice of the adverse claim.
Source: SL 1998, ch 284, § 1.