Section 400.8-502 Assertion of adverse claim against entitlement holder.

MO Rev Stat § 400.8-502 (2019) (N/A)
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Effective 28 Aug 1997

400.8-502. 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 section 400.8-501 for value and without notice of the adverse claim.

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(L. 1997 S.B. 6)