Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/7-8-502.htm |
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Depth: | 0 singles |
Size: | 748 bytes |
Modified: | 2006-11-22 12:13:20 |
Categories: | -None- |
Title: | 7-8-502 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 7-8-502 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 acquired a security entitlement with respect to such financial asset under Section 7-8-501 for value and without notice of the adverse claim. (Acts 1996, No. 96-742, p. 1241, ยง1.) |