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§ 30-8-502 — Montana Law | CourtGPT
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  4. Title 30 - Trade and Commerce/
  5. Chapter 8 - Uniform Commercial Code Investment Securities/
  6. Part 5 - Security Entitlements30-8-501. Securities Account -- Acquisition of Security Entitlement From Securities Intermediary/
  7. § 30-8-502
Montana Legal Code

§ 30-8-502

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30-8-502. 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 30-8-501 for value and without notice of the adverse claim. History: En. Sec. 62, Ch. 536, L. 1997.

Source: https://mca.legmt.gov/bills/mca/title_0300/chapter_0080/part_0050/section_0020/0300-0080-0050-0020.html· Version 2025