Mont. Code Ann. § 30-8-126

30-8-126 Securities intermediary as purchaser for value

Year: 2026Length: 84 wordsOfficial source
30-8-126 . Securities intermediary as purchaser for value. A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.
Mont. Code Ann. § 30-8-126: 30-8-126 Securities intermediary as purchaser for value | Justis AI