O.C.G.A.
O.C.G.A. § 11-8-502 (2019)
Assertion of adverse claim against entitlement holder
✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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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 Code Section 11-8-501 for value and without notice of the adverse claim.
History
Code 1981, § 11-8-502, enacted by Ga. L. 1998, p. 1323, § 1.
Annotations
RESEARCH REFERENCES U.L.A. Uniform Commercial Code (U.L.A.) § 8502.