Code of Virginia (Last Updated:July 28, 2020) |
TITLE 8.8A. Commercial Code - Investment Securities |
PART 5. Security Entitlements |
SECTION 8.8A-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 § 8.8A-501 for value and without notice of the adverse claim. 1996, c. 8.8A-501 . |