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California Commercial Code

§ 8303

COM § 8303 Effective Jan 1, 2024Div. 8 · Ch. 3
(a)“Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who does all of the following:
(1)Gives value.
(2)Does not have notice of any adverse claim to the security.

Legislative history

Amended by Stats. 2023, Ch. 210, Sec. 23. (SB 95) Effective January 1, 2024.

Source: California Commercial Code § 8303 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.