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§ 490-8-502 — Hawaii Law | CourtGPT
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  4. Title 27 - Uniform Commercial Code490. Uniform Commercial Code490:1-101 to 490:1-208 Repealed. §490:1-101 Short Title/
  5. Chapter 490/
  6. § 490-8-502
Hawaii Legal Code

§ 490-8-502

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§490:8-502 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 490:8-501 for value and without notice of the adverse claim. [L 1997, c 33, pt of §2]