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§ 45-08-502 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 45 - Trade and Commerce/
  5. Chapter 08 - Investment Securities/
  6. Article 5 - Security Entitlements.sec. 45.08.501. Acquisition of Security Entitlement From Securities Intermediary; Securities Account/
  7. § 45-08-502
Alaska Legal Code

§ 45-08-502

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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 AS 45.08.501 for value and without notice of the adverse claim.