Maryland Statutes
§ 8-302
Maryland § 8-302
This text of Maryland § 8-302 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 8-302 (2026).
Text
(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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Bluebook (online)
Maryland § 8-302, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/8-302.