Montana § 30-8-126 Securities Intermediary As Purchaser For Value

Montana Statutes

§ 30-8-126 — Securities Intermediary As Purchaser For Value

Montana § 30-8-126

Title 30TRADE AND COMMERCE

Ch. 8UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES

Part 1Short Title and General Matters

This text of Montana § 30-8-126 (Securities Intermediary As Purchaser For Value) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-8-126 (2026).

Text

30-8-126 . Securities intermediary as purchaser for value. A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.

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30-8-126 . Securities intermediary as purchaser for value. A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.