{"data":{"id":"us-mt/30-8-114","jurisdiction":"us-mt","citation":"30-8-114","heading":"Acquisition of security or financial asset or interest therein.","body":"(1) A person acquires a security or an interest therein, under this chapter, if:\n(a) the person is a purchaser to whom a security is delivered pursuant to 30-8-331; or\n(b) the person acquires a security entitlement to the security pursuant to 30-8-501.\n(2) A person acquires a financial asset, other than a security, or an interest therein, under this chapter, if the person acquires a security entitlement to the financial asset.\n(3) A person who acquires a security entitlement to a security or other financial asset has the rights specified in part 5 of this chapter, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in 30-8-503.\n(4) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection (1) or (2).","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 8. UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES","Part 1. Short Title and General Matters"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0080/part_0010/section_0140/0300-0080-0010-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:01Z","sha256":"a7e3118be38c861fc15dfb1944aa44efbdfbb413207fcc65f60e0249a31c81ac","source_id":"us-mt","stale":false,"prev":"us-mt/30-8-113","next":"us-mt/30-8-115"},"notice":"GroundRules: Original legal text. Not legal advice."}