{"data":{"id":"us-nj/n.j.-stat.-12a-8-303","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:8-303","heading":"Protected Purchaser.","body":"a.  \"Protected purchaser\" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:\n(1) gives value;\n(2) does not have notice of any adverse claim to the security; and\n(3) obtains control of the certificated or uncertificated security.\nb.  In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.\nL.1997,c.252,s.1.","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":"662720ab7e0eb7c8ccf0c192520601f9b5b3778705e6d90d795fe22acf53da2d","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-8-302","next":"us-nj/n.j.-stat.-12a-8-304"},"notice":"GroundRules: Original legal text. Not legal advice."}