Miss. Code Ann. § 75-8-303: Protected purchaser.
Where this section sits in the code
- Title 75. Regulation of Trade, Commerce and Investments
- Chapter 8. Uniform Commercial Code—Revised Article 8. Investment Securities
- Part 3. Transfer of Certificated and Uncertificated Securities.
(a) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(1) Gives value;
(2) Does not have notice of any adverse claim to the security; and
(3) Obtains control of the certificated or uncertificated security.
(b) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.
Collected 2026-10-27T05:54:13Z. Source file · JSON
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Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source