{"data":{"id":"us-wv/w.-va.-code-46-8-116","jurisdiction":"us-wv","citation":"W. Va. Code § 46-8-116","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":["CHAPTER 46. UNIFORM COMMERCIAL CODE.","ARTICLE 8. INVESTMENT SECURITIES.","Part 1. Short Title And General Matters."],"source_url":"https://code.wvlegislature.gov/46-8-116/","current_through":"as of 2026-10-13; contains at least the enactments of the 2026 Regular Session (newest effective date 2027-07-01)","vintage":"","retrieved_at":"2026-10-18T05:11:31Z","sha256":"5ae3efe65b784bb6ea17961d521384aab2a44a7849f70ea4279690b1fb5ac14e","source_id":"us-wv","stale":false,"prev":"us-wv/w.-va.-code-46-8-115","next":"us-wv/w.-va.-code-46-8-201"},"notice":"GroundRules: Original legal text. Not legal advice."}