{"data":{"id":"us-vt/9a-v.s.a.-8-116","jurisdiction":"us-vt","citation":"9A V.S.A. § 8—116","heading":"Securities intermediary as purchaser for value","body":"A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.","path":["Title 9A: Uniform Commercial Code","Article 008: Investment Securities"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/09A/008","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:56:51Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-vt","stale":false,"prev":"us-vt/9a-v.s.a.-8-115","next":"us-vt/9a-v.s.a.-8-201"},"notice":"GroundRules: Original legal text. Not legal advice."}