Revised Code of Washington - RCW Title 62A Uniform Commercial Code - Section 62A.8-502 Assertion of adverse claim against entitlement holder

§ 62A.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 RCW 62A.8-501 for value and without notice of the adverse claim.

[1995 c 48 § 42.]

Notes:
     Effective date -- 1995 c 48: See RCW 62A.11-113.

Sections:  Previous  62A.8-402  62A.8-403  62A.8-404  62A.8-405  62A.8-406  62A.8-407  62A.8-501  62A.8-502  62A.8-503  62A.8-504  62A.8-505  62A.8-506  62A.8-507  62A.8-508  62A.8-509  Next

Last modified: April 7, 2009