Idaho Code § 28-8-502

Current through the 2024 Regular Session
Section 28-8-502 - 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 section 28-8-501, for value and without notice of the adverse claim.

Idaho Code § 28-8-502

[28-8-502, added 1995, ch. 272, sec. 2, p. 895.]