New Mexico Statutes
§ 55-8-303 — Protected purchaser
New Mexico § 55-8-303
This text of New Mexico § 55-8-303 (Protected purchaser) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 55-8-303 (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 also acquires its interest in the security free of any adverse claim.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1978 Comp., § 55-8-303, enacted by Laws 1996, ch. 47, § 33; 2023, ch. 142, §
Nearby Sections
15
§ 55-1-101
Short titles§ 55-1-102
Scope of article§ 55-1-104
Construction against implicit repeal§ 55-1-105
Severability§ 55-1-106
Use of singular and plural; gender§ 55-1-107
Section captions§ 55-1-109
Repealed§ 55-1-110
Repealed§ 55-1-201
General definitions§ 55-1-202
Notice; knowledge§ 55-1-204
Value§ 55-1-205
Reasonable time; seasonablenessCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 55-8-303, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-8-303.