{"data":{"id":"us-ak/as-45.08.104","jurisdiction":"us-ak","citation":"AS 45.08.104","heading":"Acquisition of security or financial asset or interest in security or financial asset.","body":"(a) A person acquires a security or an interest in a security under this chapter if the person\n(1) is a purchaser to whom a security is delivered under AS 45.08.301; or\n(2) acquires a security entitlement to the security under AS 45.08.501.\n(b) A person acquires a financial asset other than a security or an interest in a financial asset other than a security, under this chapter if the person acquires a security entitlement to the financial asset.\n(c) A person who acquires a security entitlement to a security or other financial asset has the rights specified in AS 45.08.501 — 45.08.511, but is a purchaser of a security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in AS 45.08.503.\n(d) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset under (a) or (b) of this section.","path":["Title 45. Trade and Commerce.","Chapter 08. Investment Securities."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.08.104","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"a046e15246a8da0778cb7390ce3031fac6c256720e6057f156b11c6dcefd88e9","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.08.103","next":"us-ak/as-45.08.105"},"notice":"GroundRules: Original legal text. Not legal advice."}