{"data":{"id":"us-mo/mo.-rev.-stat.-400.8-115","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.8-115","heading":"Securities intermediary and others not liable to adverse claimant.","body":"A securities intermediary that has transferred a financial asset pursuant to an effective entitlement order, or a broker or other agent or bailee that has dealt with a financial asset at the direction of its customer or principal, is not liable to a person having an adverse claim to the financial asset, unless the securities intermediary, or broker or other agent or bailee:\n(1) Took the action after it had been served with an injunction, restraining order or other legal process enjoining it from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order or other legal process; or\n(2) Acted in collusion with the wrongdoer in violating the rights of the adverse claimant; or\n(3) In the case of a security certificate that has been stolen, acted with notice of the adverse claim.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.8-115","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"8122a43ed3f4c45858e572fed97c57b527e1a2a7e2b47ab7342c893419c0932f","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.8-114","next":"us-mo/mo.-rev.-stat.-400.8-116"},"notice":"GroundRules: Original legal text. Not legal advice."}
