State Codes and Statutes
Statutes > New-hampshire > TITLEXXXIV-A > CHAPTER382-A > 382-A-8-116A 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.
Source. 1998, 326:1, eff. Jan. 1, 1999.
