Section 8-502 - Assertion of adverse claim against entitlement holder. - Maryland Statutes

§ 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. 
 

[1996, ch. 92, § 2.]