{"data":{"id":"us-ga/o.c.g.a.-11-8-116","jurisdiction":"us-ga","citation":"O.C.G.A. § 11-8-116","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.","path":["TITLE 11 Commercial Code","Article 8 Investment Securities","PART 1 Short Title and General Matters"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.11.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-11-8-115","next":"us-ga/o.c.g.a.-11-8-201"},"notice":"GroundRules: Original legal text. Not legal advice."}