Assertion of adverse claim against entitlement holder

4-8-502. 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 section 4-8-501 for value and without notice of the adverse claim. Source: L. 96: Entire article R&RE, p. 228, � 2, effective July 1.