{"data":{"id":"us-ca/com-8302","jurisdiction":"us-ca","citation":"COM § 8302","heading":"","body":"(a) Except as otherwise provided in subdivisions (b) and (c), 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":["Commercial Code - COM","DIVISION 8. INVESTMENT SECURITIES [8101. - 8603.]","CHAPTER 3. Transfer of Certificated and Uncertificated Securities [8301. - 8307.]"],"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":"ebbba1151e3303d311f36daae98b4b2523ef5993f5dbc7dc03181da24adf79f3","source_id":"us-ca","stale":false,"prev":"us-ca/com-8301","next":"us-ca/com-8303"},"notice":"GroundRules: Original legal text. Not legal advice."}