30-8-502. Assertion of adverse claim against entitlement holder. - Montana Statutes

     30-8-502. 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 30-8-501 for value and without notice of the adverse claim.

     History: En. Sec. 62, Ch. 536, L. 1997.