State Codes and Statutes

Statutes > Tennessee > Title-47 > Chapter-8 > Part-5 > 47-8-502

47-8-502. 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 § 47-8-501 for value and without notice of the adverse claim.

[Acts 1997, ch. 79, § 1.]  

State Codes and Statutes

Statutes > Tennessee > Title-47 > Chapter-8 > Part-5 > 47-8-502

47-8-502. 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 § 47-8-501 for value and without notice of the adverse claim.

[Acts 1997, ch. 79, § 1.]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-47 > Chapter-8 > Part-5 > 47-8-502

47-8-502. 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 § 47-8-501 for value and without notice of the adverse claim.

[Acts 1997, ch. 79, § 1.]