Me. Stat. tit. 11 § 8-1502

Current through 131st (2023-2024) Legislature Chapter 684

Section 8-1502 - 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 8-1501 for value and without notice of the adverse claim. [1997, c. 429, Pt. B, §2(NEW).]

11 M.R.S. § 8-1502

1997, c. 429, §B2 (NEW) .