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 AS 45.08.501 for value and without notice of the adverse claim.
Structure Alaska Statutes
Chapter 08. Investment Securities
Article 5. Security Entitlements.
Sec. 45.08.502. Assertion of adverse claim against entitlement holder.
Sec. 45.08.504. Duty of securities intermediary to maintain financial asset.
Sec. 45.08.505. Duty of securities intermediary with respect to payments and distributions.
Sec. 45.08.507. Duty of securities intermediary to comply with entitlement order.
Sec. 45.08.510. Rights of purchaser of security entitlement from entitlement holder.
Sec. 45.08.511. Priority among security interests and entitlement holders.