N.H. Rev. Stat. § 382-A:8-303

Current through the 2024 Legislative Session

Section 382-A:8-303 - Protected Purchaser

(a) "Protected purchaser'' means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

(1) gives value;

(2) does not have notice of any adverse claim to the security; and

(3) obtains control of the certificated or uncertificated security.

(b) A protected purchaser also acquires its interest in the security free of any adverse claim.

RSA 382-A:8-303

Amended by 2022 , 281: 38, eff. 1/1/2023.

1998, 326:1, eff. Jan. 1, 1999.