N.H. Rev. Stat. § 382-A:8-116
Current through Chapter 381 of the 2024 Legislative Session
A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.
RSA 382-A:8-116
1998, 326:1, eff. Jan. 1, 1999.