{"data":{"id":"us-tx/tex.-business-commerce-code-8.502","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 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 Section 8.501 for value and without notice of the adverse claim.\nAdded by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 8. INVESTMENT SECURITIES","SUBCHAPTER E. SECURITY ENTITLEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.8.htm#8.502","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"4eabac8fd157bed1f938674b8b95453b1b259f8f05d3da3a439a679847e4dbf7","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-8.501","next":"us-tx/tex.-business-commerce-code-8.503"},"notice":"GroundRules: Original legal text. Not legal advice."}