{"data":{"id":"us-ma/mass.-gen.-laws-ch.-106-8-116","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 106, § 8-116","heading":"Securities Intermediary as Purchaser for Value","body":"Section 8–116. 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":["Part I","Title XV","Chapter 106","Article 8"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Section8-116","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:28Z","sha256":"880edf73daa9d021d7eaea3334fd4a4fe35ea93c6d6b030d1fde592fb243ac27","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-106-8-115","next":"us-ma/mass.-gen.-laws-ch.-106-8-201"},"notice":"GroundRules: Original legal text. Not legal advice."}