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Code of Virginia · § 8.8A-502 — Assertion of adverse claim against entitlement holder

8.8A-502. Assertion of adverse claim against entitlement holder

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 § 8.8A-501 for value and without notice of the adverse claim.

History and annotations

1996, c. 216.

Official source for this version

Source captured 2026-09-25. Open the official source.

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