Georgia Statutes

§ 11-8-303 — Protected purchaser

Georgia § 11-8-303

This text of Georgia § 11-8-303 (Protected purchaser) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 11-8-303 (2026).

Text

(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
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Bluebook (online)
Georgia § 11-8-303, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-8-303.