{"data":{"id":"us-mt/30-8-332","jurisdiction":"us-mt","citation":"30-8-332","heading":"Rights of purchaser.","body":"(1) Except as otherwise provided in subsections (2) and (3), a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.\n(2) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.\n(3) A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 8. UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES","Part 3. Transfer of Certificated and Uncertificated Securities"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0080/part_0030/section_0320/0300-0080-0030-0320.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:03Z","sha256":"1673a27d1ce3818b26660a7bf67f0deddef9133575883629082d152640a2ff2d","source_id":"us-mt","stale":false,"prev":"us-mt/30-8-331","next":"us-mt/30-8-333"},"notice":"GroundRules: Original legal text. Not legal advice."}