Section 55-8-303 - 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.1978 Comp., § 55-8-303, enacted by Laws 1996, ch. 47, § 33.Amended by 2023, c. 142,s. 42, eff. 1/1/2024.