Georgia Statutes
§ 11-8-303 — Protected purchaser
Georgia·Title 11
(a)"Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(1)Gives value;
(2)Does not have notice of any adverse claim to the security; and (3) Obtains control of the certificated or uncertificated security.
(b)A protected purchaser acquires its interest in the security free of any adverse claim.
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Legislative History
Amended by 2024 Ga. Laws 600,§ 5-39, eff. 7/1/2024.
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
Presumptions