{"data":{"id":"us-ia/iowa-code-554.8303","jurisdiction":"us-ia","citation":"Iowa Code § 554.8303","heading":"Protected purchaser.","body":"1. “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:\na. gives value;\nb. does not have notice of any adverse claim to the security; and\nc. obtains control of the certificated or uncertificated security.\n2. In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.","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/2026/554.8303.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"7b81df3f9bdbffdd4043e31316ab94a0845fba395fd4ea91d122cd7e78f68533","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.8302","next":"us-ia/iowa-code-554.8304"},"notice":"GroundRules: Original legal text. Not legal advice."}