{"data":{"id":"us-la/rs-10-8-302","jurisdiction":"us-la","citation":"RS 10:8-302","heading":"Rights of purchaser","body":"(a) Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.\n(b) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.\n(c) 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 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74357","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:07Z","sha256":"5fa3e1afcb0bf9f311bcb01832f8a7739a2c4f4afc2e5b3f1ca8019f045e3ed9","source_id":"us-la","stale":false,"prev":"us-la/rs-10-8-301","next":"us-la/rs-10-8-303"},"notice":"GroundRules: Original legal text. Not legal advice."}