{"data":{"id":"us-wi/wis.-stat.-408.502","jurisdiction":"us-wi","citation":"Wis. Stat. § 408.502","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 s. 408.501 for value and without notice of the adverse claim.","path":["Chs. 401-411, Uniform Commercial Code","Chapter 408 Uniform Commercial Code — Investment Securities","SUBCHAPTER V SECURITY ENTITLEMENTS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/408.502","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:22Z","sha256":"7c722d42039cad9b5a3a779d3b2bb1bee470d4b618f4e2ca8a7f6d8609b7397b","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-408.501","next":"us-wi/wis.-stat.-408.503"},"notice":"GroundRules: Original legal text. Not legal advice."}