Sec. 42a-8-502. Assertion of adverse claim against entitlement holder. - Connecticut Statutes

      Sec. 42a-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 section 42a-8-501 for value and without notice of the adverse claim.

      (P.A. 97-182, S. 42.)