{"data":{"id":"us-mo/mo.-rev.-stat.-400.8-116","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.8-116","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":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.8-116","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.8-115","next":"us-mo/mo.-rev.-stat.-400.8-117"},"notice":"GroundRules: Original legal text. Not legal advice."}