Section 7-8-502 - Assertion of adverse claim against entitlement holder.

AL Code § 7-8-502 (2019) (N/A)
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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 acquired a security entitlement with respect to such financial asset under Section 7-8-501 for value and without notice of the adverse claim.