North Dakota Code § 41-08-42

(8-502) Assertion of adverse claim against entitlement holder
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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 41 -08-41 for value and without notice of the 
adverse claim.

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