Current through Register Vol. 49, No. 8, August 19, 2024
Section 336.8-303 - PROTECTED PURCHASER(a) "Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who: (2) does not have notice of any adverse claim to the security; and(3) obtains control of the certificated or uncertificated security.(b) A protected purchaser also acquires its interest in the security free of any adverse claim. Amended by 2024 Minn. Laws, ch. 93,s 8-5, eff. 8/1/2024.