Arizona Revised Statutes § 47-8502 Assertion Of Adverse Claim Against Entitlement Holder

47-8502. 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 47-8501 for value and without notice of the adverse claim.

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Last modified: October 13, 2016