{"data":{"id":"us-ia/iowa-code-554.8302","jurisdiction":"us-ia","citation":"Iowa Code § 554.8302","heading":"Rights of purchaser.","body":"1. Except as otherwise provided in subsections 2 and 3, a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.\n2. A purchaser of a limited interest acquires rights only to the extent of the interest purchased.\n3. A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 554 - UNIFORM COMMERCIAL CODE","Article 8 - INVESTMENT SECURITIES","Part 3 - TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/554.8302.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"c09975474b2d61ca2dd57a69f3a23425456a7101f13a284f9a3271554aa6127d","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.8301","next":"us-ia/iowa-code-554.8303"},"notice":"GroundRules: Original legal text. Not legal advice."}