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Illinois · Through at least Public Act 104-790

810 ILCS 5/8-502

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Where this section sits in the code
  1. CHAPTER 810 COMMERCIAL CODE
  2. Uniform Commercial Code.

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

Collected 2026-09-15T04:46:47Z. Source file · JSON

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