{"data":{"id":"us-mn/minn.-stat.-336.8-116","jurisdiction":"us-mn","citation":"Minn. Stat. § 336.8-116","heading":"SECURITIES INTERMEDIARY AS PURCHASER FOR VALUE.","body":"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":["TRADE REGULATIONS, CONSUMER PROTECTION","CHAPTER 336. UNIFORM COMMERCIAL CODE","Revised Article 8 INVESTMENT SECURITIES","Part 1 SHORT TITLE AND GENERAL MATTERS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/336.8-116","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:43Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-336.8-115","next":"us-mn/minn.-stat.-336.8-201"},"notice":"GroundRules: Original legal text. Not legal advice."}