{"data":{"id":"us-ca/com-8104","jurisdiction":"us-ca","citation":"COM § 8104","heading":"","body":"(a) A person acquires a security or an interest therein, under this division, if either of the following applies:\n(1) The person is a purchaser to whom a security is delivered pursuant to Section 8301; or\n(2) The person acquires a security entitlement to the security pursuant to Section 8501.\n(b) A person acquires a financial asset, other than a security, or an interest therein, under this division, 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 Chapter 5 (commencing with Section 8501), but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in Section 8503.\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 pursuant to subdivision (a) or (b).","path":["Commercial Code - COM","DIVISION 8. INVESTMENT SECURITIES [8101. - 8603.]","CHAPTER 1. Short Title and General Matters [8101. - 8116.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"7005a8143b321cac97e112dbacd62cdcb3b441a51a6b8c046b298693b1831f66","source_id":"us-ca","stale":false,"prev":"us-ca/com-8103","next":"us-ca/com-8105"},"notice":"GroundRules: Original legal text. Not legal advice."}