GroundRules
Minn. Stat. § 336.8-302: RIGHTS OF PURCHASER.
Where this section sits in the code
- TRADE REGULATIONS, CONSUMER PROTECTION
- CHAPTER 336. UNIFORM COMMERCIAL CODE
- Revised Article 8 INVESTMENT SECURITIES
- Part 3 TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES
(a) Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.
(b) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.
(c) A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.
Collected 2026-09-02T22:10:43Z. Source file · JSON