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WISCONSIN STATUTES AND CODES

408.502 Assertion of adverse claim against entitlement holder.

408.502

408.502 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 s. 408.501 for value and without notice of the adverse claim.

408.502 - ANNOT.

History: 1997 a. 297.

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