{"data":{"id":"us-sd/sdcl-57a-8-502","jurisdiction":"us-sd","citation":"SDCL § 57A-8-502","heading":"Assertion of adverse claim against entitlement holder.","body":"An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under § 57A-8-501 for value and without notice of the adverse claim.\nSource: SL 1998, ch 284, § 1.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-8. INVESTMENT SECURITIES"],"source_url":"https://sdlegislature.gov/Statutes/57A-8-502","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"eb4c10d1d37e2259efbfe6c20770fc7283a572076d4a63c6c0be81c26352ce0a","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-8-501","next":"us-sd/sdcl-57a-8-503"},"notice":"GroundRules: Original legal text. Not legal advice."}