NRS 104.8303 Protected purchaser.
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/nv/chapter-104-uniform-commercial-code-original-articles/104-8303·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 104.8303 Protected purchaser.
1. “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(a)Gives value;
(b)Does not have notice of any adverse claim to the security; and
(c)Obtains control of the certificated or uncertificated security.
2. A protected purchaser also acquires its interest in the security free of any adverse claim.