RCW 62A.8-303
109 words·~1 min read·
/wa/title-62a/chapter-62a-8/62a-8-303·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.
[ 2023 c 266 s 805 ; 1995 c 48 s 29 ; 1986 c 35 s 18 ; 1965 ex.s. c 157 s 8-303.]
Notes:
Construction — Effective date — 2023 c 266: See notes following RCW 62A.12-101 .
Effective date — 1995 c 48: See RCW 62A.11-113 .