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2010 Pennsylvania Code
Title 13 - COMMERCIAL CODE
Chapter 81 - Short Title and General Matters
8116 - Securities intermediary as purchaser for value.

     § 8116.  Securities intermediary as purchaser for value.
        A securities intermediary that receives a financial asset and
     establishes a security entitlement to the financial asset in
     favor of an entitlement holder is a purchaser for value of the
     financial asset. A securities intermediary that acquires a
     security entitlement to a financial asset from another
     securities intermediary acquires the security entitlement for
     value if the securities intermediary acquiring the security
     entitlement establishes a security entitlement to the financial
     asset in favor of an entitlement holder.

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