Del. Code tit. 6 § 8-502

Current through 2024 Legislative Session Act Chapter 396

Section 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 8-501 for value and without notice of the adverse claim.

6 Del. C. § 8-502

71 Del. Laws, c. 75, § 1.;