{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-8-302","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 8-302","heading":"Rights of Purchaser","body":"Section 8--302. Rights of Purchaser.\n  (a) Except as otherwise provided in subsections (b) and (c), a\npurchaser of a certificated or uncertificated security acquires all\nrights in the security that the transferor had or had power to transfer.\n  (b) A purchaser of a limited interest acquires rights only to the\nextent of the interest purchased.\n  (c) A purchaser of a certificated security who as a previous holder\nhad notice of an adverse claim does not improve its position by taking\nfrom a protected purchaser.","path":["Uniform Commercial Code Law","Article 8. Investment Securities","Part 3. Transfer of Certificated and Uncertificated Securities"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/8-302","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"a1b66de8c71589d26d4d936236a43c85824f57b59bf357eb51020306fc6d95fc","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-8-301","next":"us-ny/n.y.-uniform-commercial-code-law-8-303"},"notice":"GroundRules: Original legal text. Not legal advice."}