Maine Code § 11-8-1502

Assertion of adverse claim against entitlement holder
Open in Lexace · Ask the AI about this section
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 8-1501 for value and without notice of the adverse claim. [PL 1997,
c. 429, Pt. B, §2 (NEW).]

‹ Prev All Maine sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.