{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-8-502","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 8-502","heading":"Assertion of Adverse Claim against Entitlement Holder","body":"Section 8--502. Assertion of Adverse Claim against Entitlement Holder.\n  An action based on an adverse claim to a financial asset, whether\nframed in conversion, replevin, constructive trust, equitable lien, or\nother theory, may not be asserted against a person who acquires a\nsecurity entitlement under Section 8--501 for value and without notice\nof the adverse claim.","path":["Uniform Commercial Code Law","Article 8. Investment Securities","Part 5. Security Entitlements"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/8-502","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"023feaff4963c62689efe9aa335c6ea95abad14eb27b202baa6e0fd9cb7888e0","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-8-501","next":"us-ny/n.y.-uniform-commercial-code-law-8-503"},"notice":"GroundRules: Original legal text. Not legal advice."}