State Codes and Statutes

Statutes > Pennsylvania > Title-13 > Chapter-85 > 8502

§ 8502. 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 section 8501 (relating to securities account; acquisition of security entitlement from securities intermediary) for value and without notice of the adverse claim. Cross References. Section 8502 is referred to in section 8510 of this title.

State Codes and Statutes

Statutes > Pennsylvania > Title-13 > Chapter-85 > 8502

§ 8502. 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 section 8501 (relating to securities account; acquisition of security entitlement from securities intermediary) for value and without notice of the adverse claim. Cross References. Section 8502 is referred to in section 8510 of this title.

State Codes and Statutes

State Codes and Statutes

Statutes > Pennsylvania > Title-13 > Chapter-85 > 8502

§ 8502. 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 section 8501 (relating to securities account; acquisition of security entitlement from securities intermediary) for value and without notice of the adverse claim. Cross References. Section 8502 is referred to in section 8510 of this title.