{"data":{"id":"us-ks/k.s.a.-84-8-116","jurisdiction":"us-ks","citation":"K.S.A. 84-8-116","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":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 8.—INVESTMENT SECURITIES"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_008_0116.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:37Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-8-115","next":"us-ks/k.s.a.-84-8-201"},"notice":"GroundRules: Original legal text. Not legal advice."}