2015 Oklahoma Statutes
Title 12A. Commercial Code
§12A-8-502. Assertion of Adverse Claim Against Entitlement Holder.

12A OK Stat § 12A-8-502 (2015) What's This?

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 8-501 of this title for value and without notice of the adverse claim.

Added by Laws 1995, c. 242, § 42, eff. Feb. 1, 1996. Amended by Laws 2000, c. 371, § 165, eff. July 1, 2001.

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