{"data":{"id":"us-ri/r.i.-gen.-laws-6a-8-104","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 6A-8-104","heading":"Acquisition of security or financial asset or interest therein.","body":"(a) A person acquires a security or an interest therein, under this chapter, if:\n(1) the person is a purchaser to whom a security is delivered pursuant to § 6A-8-301; or\n(2) the person acquires a security entitlement to the security pursuant to § 6A-8-501.\n(b) A person acquires a financial asset, other than a security, or an interest therein, under this chapter, if the person acquires a security entitlement to the financial asset.\n(c) A person who acquires a security entitlement to a security or other financial asset has the rights specified in part 5 of this chapter, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in § 6A-8-503.\n(d) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection (a) or (b).","path":["Title 6A Uniform Commercial Code","Chapter 8 Investment Securities","Part 1 Short Title and General Matters"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE6A/6A-8/6A-1/6A-8-104.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T18:20:04Z","sha256":"9ece56643733d371fa32764c45c95d7ded5addee2653e38b55943ab7caa41906","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-6a-8-103","next":"us-ri/r.i.-gen.-laws-6a-8-105"},"notice":"GroundRules: Original legal text. Not legal advice."}
