{"data":{"id":"us-ia/iowa-code-554.8116","jurisdiction":"us-ia","citation":"Iowa Code § 554.8116","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 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/2026/554.8116.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.8115","next":"us-ia/iowa-code-554.8201"},"notice":"GroundRules: Original legal text. Not legal advice."}