Haw. Rev. Stat. § 490:8-502

Current through the 2024 Legislative Session

Section 490:8-502 - 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 490:8-501 for value and without notice of the adverse claim.

HRS § 490:8-502

L 1997, c 33, pt of §2