As Amended
SEC. 75-8-502. 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 75-8-501 for value and without notice of the adverse claim.
SOURCES: Laws, 1996, ch. 468, Sec. 43, eff from and after July 1, 1996