{"data":{"id":"us-fl/fla.-stat.-678.1161","jurisdiction":"us-fl","citation":"Fla. Stat. § 678.1161","heading":"Securities intermediary as purchaser for value.","body":"A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.\nHistory.—s. 1, ch. 98-11.","path":["CHAPTER 678 UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0678/0678.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:55Z","sha256":"1ee180ec294abcfe0bba742419323fdb915490075612b5801d581965baae9246","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-678.1151","next":"us-fl/fla.-stat.-678.1171"},"notice":"GroundRules: Original legal text. Not legal advice."}