11-8-502. Assertion of adverse claim against entitlement holder.
48 words·~1 min read·
/ga/title-11-commercial-code/part-5-security-entitlements/11-8-502·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 Code Section 11-8-501 for value and without notice of the adverse claim.