{"data":{"id":"us-mi/mich.-comp.-laws-440.8502","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.8502","heading":"Action based on adverse claim.","body":"Sec. 8502.\n\nAn action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under section 8501 for value and without notice of the adverse claim.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-8502","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"becfc223df8de464eadcd86c49ec5df6b546285e7c357fc2e952e43f2eea92d1","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.8501","next":"us-mi/mich.-comp.-laws-440.8503"},"notice":"GroundRules: Original legal text. Not legal advice."}