{"data":{"id":"us-sc/s.c.-code-ann.-36-8-302","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 36-8-302","heading":"Rights of purchaser.","body":"(a) Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights 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 extent of the interest purchased.\n(c) A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.","path":["Title 36 - COMMERCIAL CODE","CHAPTER 8 Commercial Code—Investment Securities","Part 3 Transfer Of Certificated and Uncertificated Securities"],"source_url":"https://www.scstatehouse.gov/code/t36c008.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:08:44Z","sha256":"5fa3e1afcb0bf9f311bcb01832f8a7739a2c4f4afc2e5b3f1ca8019f045e3ed9","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-36-8-301","next":"us-sc/s.c.-code-ann.-36-8-303"},"notice":"GroundRules: Original legal text. Not legal advice."}