{"data":{"id":"us-wa/rcw-62a.8-115","jurisdiction":"us-wa","citation":"RCW 62A.8-115","heading":"Securities intermediary and others not liable to adverse claimant.","body":"A securities intermediary that has transferred a financial asset pursuant to an effective entitlement order, or a broker or other agent or bailee that has dealt with a financial asset at the direction of its customer or principal, is not liable to a person having an adverse claim to the financial asset, unless the securities intermediary, or broker or other agent or bailee:\n(1) Took the action after it had been served with an injunction, restraining order, or other legal process enjoining it from doing so, issued by a court of competent jurisdiction, and had a reasonable opportunity to act on the injunction, restraining order, or other legal process; or\n(2) Acted in collusion with the wrongdoer in violating the rights of the adverse claimant; or\n(3) In the case of a security certificate that has been stolen, acted with notice of the adverse claim.","path":["Title 62A","Chapter 62A.8"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=62A.8-115","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:39:20Z","sha256":"14678a1197ba9b83829b0b3c8eee17630b2e9d66e7112b8c4e9f7befa105bf97","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-62a.8-114","next":"us-wa/rcw-62a.8-116"},"notice":"GroundRules: Original legal text. Not legal advice."}
