CODE OF VIRGINIA

ASSERTION OF ADVERSE CLAIM AGAINST ENTITLEMENT HOLDER (§ 8.8A-502)

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 §
8.8A-501 for value and without notice of the adverse claim.

HISTORY: 1996, c. 216.