N.J. Stat. § 12A:8-502

Current through L. 2024, c. 87.
Section 12A: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 12A:8-501 for value and without notice of the adverse claim.

N.J.S. § 12A:8-502

L. 1997, c. 252, s. 1.