84-8-502. 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 K.S.A. 84-8-501 for value and without notice of the adverse claim.

History: L. 1996, ch. 202, § 69; July 1.