Virginia Statutes
§ 8.8A-502 — Assertion of adverse claim against entitlement holder
Virginia § 8.8A-502
This text of Virginia § 8.8A-502 (Assertion of adverse claim against entitlement holder) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 8.8A-502 (2026).
Text
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 § 8.8A-501 for value and without notice of the adverse claim.
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Legislative History
1996, c. 216.
Nearby Sections
15
§ 8.8A-101
Short title§ 8.8A-102
Definitions§ 8.8A-103
Rules for determining whether certain obligations and interests are securities or financial assets§ 8.8A-105
Notice of adverse claim§ 8.8A-106
Control§ 8.8A-108
Warranties in direct holding§ 8.8A-109
Warranties in indirect holding§ 8.8A-110
Applicability; choice of law§ 8.8A-111
Clearing corporation rules§ 8.8A-112
Creditor's legal process§ 8.8A-113
Statute of frauds inapplicableCite This Page — Counsel Stack
Bluebook (online)
Virginia § 8.8A-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/8.8A/8.8A-502.