8-502 - Assertion of Adverse Claim Against Entitlement Holder.

NY UCC § 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 acquires a security entitlement under Section 8--501 for value and without notice of the adverse claim.