State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-8-502

§25‑8‑502.  Assertion of adverse claim against entitlement holder.

An action based on an adverseclaim to a financial asset, whether framed in conversion, replevin,constructive trust, equitable lien, or other theory, may not be assertedagainst a person who acquires a security entitlement under G.S. 25‑8‑501for value and without notice of the adverse claim. (1997‑181, s. 1.)

State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-8-502

§25‑8‑502.  Assertion of adverse claim against entitlement holder.

An action based on an adverseclaim to a financial asset, whether framed in conversion, replevin,constructive trust, equitable lien, or other theory, may not be assertedagainst a person who acquires a security entitlement under G.S. 25‑8‑501for value and without notice of the adverse claim. (1997‑181, s. 1.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-8-502

§25‑8‑502.  Assertion of adverse claim against entitlement holder.

An action based on an adverseclaim to a financial asset, whether framed in conversion, replevin,constructive trust, equitable lien, or other theory, may not be assertedagainst a person who acquires a security entitlement under G.S. 25‑8‑501for value and without notice of the adverse claim. (1997‑181, s. 1.)