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§ 678.5021 — Florida Law | CourtGPT
  1. Home/
  2. Laws/
  3. Florida/
  4. Title Xxxix - Commercial Relations/
  5. Chapter 678 - Uniform Commercial Code: Investment Securities/
  6. Part V - Security Entitlements (Ss. 678.5011-678.5111)678.5011 - Securities Account; Acquisition of Security Entitlement From Securities Intermediary/
  7. § 678.5021
Florida Legal Code

§ 678.5021

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678.5021 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 s. 678.5011 for value and without notice of the adverse claim.History.—s. 5, ch. 98-11.