{"data":{"id":"us-vt/9a-v.s.a.-8-302","jurisdiction":"us-vt","citation":"9A V.S.A. § 8—302","heading":"Rights of purchaser","body":"(a) Except as otherwise provided in subsections (b) and (c) of this section, 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 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":"96fbfc3173430918e1fd14156291bed82edb61d49d864a892c600f117730bd3e","source_id":"us-vt","stale":false,"prev":"us-vt/9a-v.s.a.-8-301","next":"us-vt/9a-v.s.a.-8-303"},"notice":"GroundRules: Original legal text. Not legal advice."}