Montana Statutes
§ 30-8-502 — Assertion Of Adverse Claim Against Entitlement Holder
Montana·Title 30 TRADE AND COMMERCE·Ch. 8 UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES·Part 5 Security Entitlements
30-8-502 . Assertion of adverse claim against entitlement holder. An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under 30-8-501 for value and without notice of the adverse claim.
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Legislative History
En. Sec. 62, Ch. 536, L. 1997.
Nearby Sections
15
§ 30-8-101
Short Title§ 30-8-102
Repealed§ 30-8-103
Repealed§ 30-8-104
Repealed§ 30-8-105
Repealed§ 30-8-106
Repealed§ 30-8-107
Repealed§ 30-8-108
Repealed§ 30-8-109
Through 30-8-111 Reserved§ 30-8-112
Definitions And Index Of Definitions§ 30-8-113
Rules For Determining Whether Certain Obligations And Interests Are Securities Or Financial Assets§ 30-8-115
Notice Of Adverse Claim§ 30-8-116
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