California Statutes
§ 8502. — 8502. (Added by Stats. 1996, Ch. 497, Sec. 9.)
California·Code COM Commercial Code - COM·Div. 8. DIVISION 8. INVESTMENT SECURITIES·Ch. 5. CHAPTER 5. Security Entitlements
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 8501 for value and without notice of the adverse claim.
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California § 8502. (8502. (Added by Stats. 1996, Ch. 497, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
Added by Stats. 1996, Ch. 497, Sec. 9. Effective January 1, 1997.