6 Del. C. § 8-502

Assertion of adverse claim against entitlement holder.

Last amended: 1997Year: 2026Length: 47 wordsOfficial source
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.
6 Del. C. § 8-502: Assertion of adverse claim against entitlement holder. | Justis AI