13 Pennsylvania Consolidated Statutes Chapter 85 - Security Entitlements

• Chapter Notes
• Section 8501 - Securities Account; Acquisition Of Security Entitlement From Securities Intermediary
  (a) Definition of "securities account".--"Securities account" means an account to which a financial asset is or may be credited in accordance with an agreement...
• Section 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...
• Section 8503 - Property Interest Of Entitlement Holder In Financial Asset Held By Securities Intermediary
  § 8503. Property interest of entitlement holder in financial asset held by securities intermediary. (a) General rule.--To the extent necessary for a securities intermediary...
• Section 8504 - Duty Of Securities Intermediary To Maintain Financial Asset
  § 8504. Duty of securities intermediary to maintain financial asset. (a) General rule.--A securities intermediary shall promptly obtain and thereafter maintain a financial asset...
• Section 8505 - Duty Of Securities Intermediary With Respect To Payments And Distributions
  § 8505. Duty of securities intermediary with respect to payments and distributions. (a) Duty of securities intermediary to obtain payment or distribution.--A securities intermediary...
• Section 8506 - Duty Of Securities Intermediary To Exercise Rights As Directed By Entitlement Holder
  § 8506. Duty of securities intermediary to exercise rights as directed by entitlement holder. A securities intermediary shall exercise rights with respect to a...
• Section 8507 - Duty Of Securities Intermediary To Comply With Entitlement Order
  § 8507. Duty of securities intermediary to comply with entitlement order. (a) General rule.--A securities intermediary shall comply with an entitlement order if the...
• Section 8508 - Duty Of Securities Intermediary To Change Entitlement Holder's Position To Other Form Of Security Holding
  § 8508. Duty of securities intermediary to change entitlement holder's position to other form of security holding. A securities intermediary shall act at the...
• Section 8509 - Specification Of Duties Of Securities Intermediary By Other Statute Or Regulation; Manner Of Performance Of Duties Of Securities Intermediary And Exercise Of Rights Of Entitlement Holder
  § 8509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of...
• Section 8510 - Rights Of Purchaser Of Security Entitlement From Entitlement Holder
  § 8510. Rights of purchaser of security entitlement from entitlement holder. (a) Action based on adverse claim to financial asset or security entitlement.--In a...
• Section 8511 - Priority Among Security Interests And Entitlement Holders
  § 8511. Priority among security interests and entitlement holders. (a) General rule.--Except as otherwise provided in subsections (b) and (c), if a securities intermediary...

Last modified: October 8, 2016