Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS |
CHAPTER104. Uniform Commercial Code—Original Articles |
ARTICLE8. INVESTMENT SECURITIES |
PART5. Security Entitlements |
NRS104.8502. Assertion of adverse claim against entitlement holder.
Latest version.
- 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 NRS 104.8501 for value and without notice of the adverse claim.
(Added to NRS by 1997, 367)