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Home » US Law » 2022 Maryland Statutes » Commercial Law » Title 8 - Investment Securities » Subtitle 5 - Security Entitlements » Section 8-502 – Assertion of Adverse Claim Against Entitlement Holder

    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 § 8-501 of this subtitle for value and without notice of the adverse claim.