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2009 Kentucky Revised Statutes
Article 8 Investment Securities
355.8.502 Assertion of adverse claim against entitlement holder.

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Page 1 of 1 355.8-502 Assertion of adverse claim against entitlement holder. An action based on an adverse claim to a financial asset, whether framed in conversion, <br>replevin, constructive trust, equitable lien, or other theory, may not be asserted against a <br>person who acquires a security entitlement under KRS 355.8-501 for value and without <br>notice of the adverse claim. Effective: January 1, 1997 <br>History: Created 1996 Ky. Acts ch. 130, sec. 155, effective January 1, 1997.

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