Section 8302 - Rights of purchaser(a) Rights acquired by purchaser.--Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.(b) Rights acquired by purchaser of limited interest.--A purchaser of a limited interest acquires rights only to the extent of the interest purchased.(c) Limitation on rights acquired from protected purchaser.--A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser. 1996, May 22, P.L. 248, No. 44, § 8, effective in 180 days. Amended 2001, June 8, P.L. 123, No. 18, § 14, effective 7/1/2001.