{"data":{"id":"us-md/md.-code-commercial-law-8-302","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 8–302","heading":"","body":"(a) Except as otherwise provided in subsections (b) and (c) of this section, 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":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=8-302","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"96fbfc3173430918e1fd14156291bed82edb61d49d864a892c600f117730bd3e","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-8-301","next":"us-md/md.-code-commercial-law-8-303"},"notice":"GroundRules: Original legal text. Not legal advice."}