{"data":{"id":"us-ak/as-45.08.302","jurisdiction":"us-ak","citation":"AS 45.08.302","heading":"Rights of purchaser.","body":"(a) Except as otherwise provided in (b) and (c) of this section, a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.\n(b) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.\n(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.","path":["Title 45. Trade and Commerce.","Chapter 08. Investment Securities.","Article 3. Purchase."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.08.302","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"dc33440221839a00cf8095d234dfe89bdf6630ee3c97ae9cd0ace1f6ccb95fa9","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.08.301","next":"us-ak/as-45.08.303"},"notice":"GroundRules: Original legal text. Not legal advice."}