{"data":{"id":"us-me/11-m.r.s.-8-1303","jurisdiction":"us-me","citation":"11 M.R.S. §8-1303","heading":"Protected purchaser","body":"(1).   \"Protected purchaser\" means a purchaser of a certificated or uncertificated security or of an interest in a certificated or uncertificated security who:\n(a).  Gives value;\n(b).  Does not have notice of any adverse claim to the security; and\n(c).  Obtains control of the certificated or uncertificated security.\n(2).   A protected purchaser acquires its interest in the security free of any adverse claim.","path":["TITLE 11: UNIFORM COMMERCIAL CODE","PART 3: TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec8-1303.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"7d05e097e48f90d10ac0a44b004be4c3584dc81d53e34f60d443465197c62f2a","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-8-1302","next":"us-me/11-m.r.s.-8-1304"},"notice":"GroundRules: Original legal text. Not legal advice."}