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IC 26-1-8.1-502 — Adverse claims against person holding a security entitlement

Chapter 8.1. Investment Securities

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Section text

Sec. 502. 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 IC 26-1-8.1-501 for value and without notice of the adverse claim.

As added by P.L.247-1995, SEC.10.

Source: official publisher (2026 edition)

Sections citing IC 26-1-8.1-502

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