{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-8-115","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-8-115","heading":"Securities Intermediary and Others Not Liable to","body":"Adverse Claimant.\n\nSecurities Intermediary and Others Not Liable to Adverse\n\nClaimant.\n\nA securities intermediary that has transferred a financial asset\n\npursuant to an effective entitlement order, or a broker or other\n\nagent or bailee that has dealt with a financial asset at the\n\ndirection of its customer or principal, is not liable to a person\n\nhaving an adverse claim to the financial asset, unless the\n\nsecurities intermediary, or broker or other agent or bailee:\n\n(1) took the action after it has been served with an\n\ninjunction, restraining order, or other legal process\n\nenjoining it from doing so, issued by a court of\n\ncompetent jurisdiction, and had a reasonable\n\nopportunity to act on the injunction, restraining\n\norder, or other legal process; or\n\n(2) acted in collusion with the wrongdoer in violating the\n\nrights of the adverse claimant; or\n\n(3) in the case of a security certificate that has been\n\nstolen, acted with notice of the adverse claim.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"f1a5270d6a24b1c4d5236dc782e6db77c86f5e80a1bf0ee8e032972ed5aab6d2","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-8-114","next":"us-ok/okla.-stat.-tit.-12a-12a-8-116"},"notice":"GroundRules: Original legal text. Not legal advice."}
