Neb. U.C.C. § 8-302

Current with changes through the 2024 First Special Legislative Session
Section 8-302 - Rights of purchaser
(a) 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) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.
(c) 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.

Neb. U.C.C. § 8-302

Laws 1995, LB 97, § 32; Laws 1999, LB 550, § 70.