Section 78.3030 - "Protected purchaser."(1) "Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who: (b) Does not have notice of any adverse claim to the security; and(c) Obtains control of the certificated or uncertificated security.(2) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim. 1961 c.726 § 78.3030; 1985 c.676 § 78.3030; 1995 c.328 §29