§ 8-502. 8-502
49 words·~1 min read·
/us/ucc/a8/s8-502A 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 Section 8-501 for value and without notice of the adverse claim .