There is a newer version of the Louisiana Laws
2011 Louisiana Laws
Revised Statutes
TITLE 10 — Commercial laws
RS 10:8-502 — Assertion of adverse claim against entitlement holder
LA Rev Stat § 10:8-502 What's This?
§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 R.S. 10:8-501 for value and without notice of the adverse claim.
Acts 1995, No. 884, §1, eff. Jan. 1, 1996.
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