{"data":{"id":"us-sc/s.c.-code-ann.-36-8-303","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 36-8-303","heading":"Protected purchaser.","body":"(a) \"Protected purchaser\" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:\n(1) gives value;\n(2) does not have notice of any adverse claim to the security; and\n(3) obtains control of the certificated or uncertificated security.\n(b) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.","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":"e762cbef22db7e59d23beac285abfd5e4e9a04d6f3670ffd01872954d3ee8506","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-36-8-302","next":"us-sc/s.c.-code-ann.-36-8-304"},"notice":"GroundRules: Original legal text. Not legal advice."}