Conn. Gen. Stat. § 42a-8-302

Rights of purchaser.

Last amended: 2001Year: 2026Length: 98 wordsSubsections: 2Official source
(b) A purchaser of a limited interest acquires rights only to the extent of the interest purchased. (c) A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser. See Sec. 42a-8-303(a) and (b) for successor provisions to Sec. 42a-8-302(1) and (3), respectively, revised to 1997, re definition of “bona fide purchaser” and the interest in a security acquired by a bona fide purchaser. See Sec. 42a-8-102(a)(1) for successor provisions to Sec. 42a-8-302(2), revised to 1997, re definition of “adverse claim”.
Conn. Gen. Stat. § 42a-8-302: Rights of purchaser. | Justis AI