{"data":{"id":"us-hi/haw.-rev.-stat.-490-8-116","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 490:8-116","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":["Hawaii Code","Division 2","Title 27","Chapter 490"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol11_Ch0476-0490/HRS0490/HRS_0490-0008-0116.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-490-8-115","next":"us-hi/haw.-rev.-stat.-490-8-202"},"notice":"GroundRules: Original legal text. Not legal advice."}