Wyoming § 34.1-8-303 Protected purchaser

Wyoming Statutes

§ 34.1-8-303 — Protected purchaser

Wyoming·Title 34.1 Uniform Commercial Code·Art. 8 INVESTMENT SECURITIES

(a)"Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

(i)Gives value;

(ii)Does not have notice of any adverse claim to the security; and

(iii)Obtains control of the certificated or uncertificated security.

(b)In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.

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(a) "Protected purchaser" means a purchaser of a
certificated or uncertificated security, or of an interest
therein, who:
(i) Gives value;
(ii) Does not have notice of any adverse claim to the
security; and
(iii) Obtains control of the certificated or
uncertificated security.
(b) In addition to acquiring the rights of a purchaser, a
protected purchaser also acquires its interest in the security
free of any adverse claim.

Wyoming § 34.1-8-303 (Protected purchaser) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.