{"data":{"id":"us-ca/com-8303","jurisdiction":"us-ca","citation":"COM § 8303","heading":"","body":"(a) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who does all of the following:\n(1) Gives value.\n(2) Does not have notice of any adverse claim to the security.\n(3) Obtains control of the certificated or uncertificated security.\n(b) A protected purchaser also acquires its interest in the security free of any adverse claim.","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":"b957f1abc43eab6ab4b256d06c3e24a2b81488ed37ea8e4c318e2a94a64ee138","source_id":"us-ca","stale":false,"prev":"us-ca/com-8302","next":"us-ca/com-8304"},"notice":"GroundRules: Original legal text. Not legal advice."}