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PENNSYLVANIA STATUTES AND CODES

8502 - Assertion of adverse claim against entitlement holder.

§ 8502. 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 8501 (relating to securities account; acquisition of security entitlement from securities intermediary) for value and without notice of the adverse claim. Cross References. Section 8502 is referred to in section 8510 of this title.

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