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 § 1901 of this title for value and without notice of the adverse claim.
History —Aug. 17, 1995, No. 208, added as § 8-502 on Sept. 19, 1996, No. 241, § 12.