{"data":{"id":"us-id/idaho-code-28-8-116","jurisdiction":"us-id","citation":"Idaho Code § 28-8-116","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":["TITLE 28 COMMERCIAL TRANSACTIONS","CHAPTER 8 INVESTMENT SECURITIES","PART 1. SHORT TITLE AND GENERAL MATTERS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch8/sect28-8-116/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:18Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-28-8-115","next":"us-id/idaho-code-28-8-117"},"notice":"GroundRules: Original legal text. Not legal advice."}