{"data":{"id":"us-nj/n.j.-stat.-12a-8-302","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:8-302","heading":"Rights of purchaser","body":"Rights of Purchaser.\na.\tExcept as otherwise provided in subsections b. and c. of this section, a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.\nb.\tA purchaser of a limited interest acquires rights only to the extent of the interest purchased.\nc.\tA 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.\nL.1997, c.252, s.1; amended 2001, c.117, s.21.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"745b8ec726e03a8d808c9b3858ddd0b310a4b0b7099fcc3aecfafb1411405699","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-8-301","next":"us-nj/n.j.-stat.-12a-8-303"},"notice":"GroundRules: Original legal text. Not legal advice."}