{"data":{"id":"us-il/810-ilcs-5-8-502","jurisdiction":"us-il","citation":"810 ILCS 5/8-502","heading":"","body":"Assertion of adverse claim against entitlement holder. An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under Section 8-501 for value and without notice of the adverse claim.","path":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"d10a67c3e42898aa38126fcb1980564b738ab553de89980fe4fdc68090a646f6","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-8-501","next":"us-il/810-ilcs-5-8-503"},"notice":"GroundRules: Original legal text. Not legal advice."}