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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 28:8-502: Assertion of adverse claim against entitlement holder.

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Where this section sits in the code
  1. Title 28. Commercial Instruments and Transactions. [Enacted title]
  2. Subtitle I. Uniform Commercial Code.
  3. Article 8. Investment Securities.
  4. Part V. Security Entitlements.

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 § 28:8-501 for value and without notice of the adverse claim.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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