{"data":{"id":"us-nj/n.j.-stat.-12a-8-502","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:8-502","heading":"Assertion of Adverse Claim Against Entitlement Holder.","body":"An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under 12A:8-501 for value and without notice of the 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":"52df6954ae6f8561859fb0ad6a22c45ffc8e37ba0149261f75c8c0f9b2e3dda7","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-8-501","next":"us-nj/n.j.-stat.-12a-8-503"},"notice":"GroundRules: Original legal text. Not legal advice."}