{"data":{"id":"us-ia/iowa-code-554.8104","jurisdiction":"us-ia","citation":"Iowa Code § 554.8104","heading":"Acquisition of security or financial asset or interest therein.","body":"1. A person acquires a security or an interest therein, under this Article, if:\na. the person is a purchaser to whom a security is delivered pursuant to section 554.8301; or\nb. the person acquires a security entitlement to the security pursuant to section 554.8501.\n2. A person acquires a financial asset, other than a security, or an interest therein, under this Article, if the person acquires a security entitlement to the financial asset.\n3. A person who acquires a security entitlement to a security or other financial asset has the rights specified in part 5, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in section 554.8503.\n4. Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection 1 or 2.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 554 - UNIFORM COMMERCIAL CODE","Article 8 - INVESTMENT SECURITIES","Part 1 - SHORT TITLE AND GENERAL MATTERS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/554.8104.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"642ccdaf64e81e0e799f7df65ed855e6d8f9257967eba0d44f4cafcdabe41e3f","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.8103","next":"us-ia/iowa-code-554.8105"},"notice":"GroundRules: Original legal text. Not legal advice."}
