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 AS 45.08.501 for value and without notice of the adverse claim.
Section: Previous 45.08.501 45.08.502 45.08.503 45.08.504 45.08.505 45.08.506 45.08.507 45.08.508 45.08.509 45.08.510 45.08.511 NextLast modified: November 15, 2016