Sec. 45.08.502. Assertion of adverse claim against entitlement holder.
56 words·~1 min read·
/ak/title-45/chapter-8/45-08-502·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 45.08.502. 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 AS 45.08.501 for value and without notice of the adverse claim.