GroundRules
Tex. Business & Commerce Code § 8.502: ASSERTION OF ADVERSE CLAIM AGAINST ENTITLEMENT HOLDER.
Where this section sits in the code
- BUSINESS AND COMMERCE CODE
- TITLE 1. UNIFORM COMMERCIAL CODE
- CHAPTER 8. INVESTMENT SECURITIES
- SUBCHAPTER E. 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 Section 8.501 for value and without notice of the adverse claim.
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.
Collected 2026-08-27T01:46:56Z. Source file · JSON