Colorado Statutes
§ 4-8-302 — Rights of purchaser
(a)Except as otherwise provided in
subsections (b) and (c) of this section, a purchaser of a certificated or uncertificated
security acquires all rights in the security that the transferor had or had power to
transfer.
(b)A purchaser of a limited interest acquires rights only to the extent of the
interest purchased.
(c)A purchaser of a certificated security who as a previous holder had notice
of an adverse claim does not improve its position by taking from a protected
purchaser.
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Legislative History
Source: L. 96: Entire article R&RE, p. 220, � 2, effective July 1. L. 2001: (a)
amended, p. 1443, � 34, effective July 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith