N.C. Gen. Stat. § 25-8-502: Assertion of adverse claim against entitlement holder.
Where this section sits in the code
- Chapter 25. Uniform Commercial Code.
- Article 8. Investment Securities.
- Part 5. 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 G.S. 25-8-501 for value and without notice of the adverse claim. (1997-181, s. 1.)
Collected 2026-08-27T17:58:47Z. Source file · JSON