{"data":{"id":"us-nc/n.c.-gen.-stat.-25-8-303","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-8-303","heading":"Protected purchaser.","body":"(a)\t\"Protected purchaser\" means a purchaser of a certificated or uncertificated security, or of an interest therein, to which all of the following apply:\n(1)\tThe purchaser gives value.\n(2)\tThe purchaser does not have notice of any adverse claim to the security.\n(3)\tThe purchaser obtains control of the certificated or uncertificated security.\n(b)\tA protected purchaser acquires its interest in the security free of any adverse claim. (1965, c. 700, s. 1; 1997-181, s. 1; 2025-25, s. 150.)","path":["Chapter 25. Uniform Commercial Code.","Article 8. Investment Securities.","Part 3. Transfer of Certificated and Uncertificated Securities."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-8-303.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"21e2b29a825ddff8d3d9311ebe7922dcd350bbb5f6456dd1a668f7a56ed64a2f","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-8-302","next":"us-nc/n.c.-gen.-stat.-25-8-304"},"notice":"GroundRules: Original legal text. Not legal advice."}