{"data":{"id":"us-ma/mass.-gen.-laws-ch.-106-8-104","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 106, § 8-104","heading":"Acquisition of Security or Financial Asset or Interest Therein","body":"Section 8–104. (a) A person acquires a security or an interest therein, under this article, if:\n(1) the person is a purchaser to whom a security is delivered pursuant to section 8–301; or\n(2) the person acquires a security entitlement to the security pursuant to section 8–501.\n(b) A person acquires a financial asset, other than a security, or an interest therein, under this article, if the person acquires a security entitlement to the financial asset.\n(c) A person who acquires a security entitlement to a security or other financial asset has the rights specified in Part 5, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in section 8–503.\n(d) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection (a) or (b).","path":["Part I","Title XV","Chapter 106","Article 8"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Section8-104","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:28Z","sha256":"55c567f7d9b2e2a4a9599aeeacf4c4b6819e2217796c376ba82dbad31af83864","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-106-8-103","next":"us-ma/mass.-gen.-laws-ch.-106-8-105"},"notice":"GroundRules: Original legal text. Not legal advice."}