Vt. Stat. tit. 9A § 8-502

Current through L. 2024, c. 185.

Section 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 section 8-501 of this title for value and without notice of the adverse claim.

9A V.S.A. § 8-502

Added 1995, No. 92 (Adj. Sess.), § 1, eff. 1/1/1997.