{"data":{"id":"us-de/6-del.-c.-8-303","jurisdiction":"us-de","citation":"6 Del. C. § 8-303","heading":"Protected purchaser.","body":"(a) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:\n(1) gives value;\n(2) does not have notice of any adverse claim to the security; and\n(3) obtains control of the certificated or uncertificated security.\n(b) A protected purchaser acquires its interest in the security free of any adverse claim.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 8. Investment Securities","Part 3","Transfer of Certificated and Uncertificated Securities"],"source_url":"https://delcode.delaware.gov/title6/c008/sc03/index.html#8-303","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"3b95b75c5200af34cf4ded96eae47877e589e1927fe56c3a233266f397314307","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-8-302","next":"us-de/6-del.-c.-8-304"},"notice":"GroundRules: Original legal text. Not legal advice."}