{"data":{"id":"us-co/c.r.s.-4-8-115","jurisdiction":"us-co","citation":"C.R.S. § 4-8-115","heading":"Securities intermediary and others not liable to adverse claimant.","body":"A securities intermediary that has transferred a financial asset pursuant to an effective entitlement order, or a broker or other agent or bailee that has dealt with a financial asset at the direction of its customer or principal, is not liable to a person having an adverse claim to the financial asset, unless the securities intermediary, or broker or other agent or bailee:\n\n(1) Took the action after it had been served with an injunction, restraining order, or other legal process enjoining it from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order, or other legal process; or\n\n(2) Acted in collusion with the wrongdoer in violating the rights of the adverse claimant; or\n\n(3) In the case of a security certificate that has been stolen, acted with notice of the adverse claim.","path":["Title 4 - UNIFORM COMMERCIAL CODE","Article 8 - Investment Securities","Part 1 - SHORT TITLE AND GENERAL MATTERS"],"source_url":"https://olls.info/crs/crs2026-title-04.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"0bca7d9ec275bd76d325acdd8546ba978f94cc0135357dea1e36bbb45f316a04","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-8-114","next":"us-co/c.r.s.-4-8-116"},"notice":"GroundRules: Original legal text. Not legal advice."}