§ 25-8-502. Assertion of adverse claim against entitlement holder.
§25‑8‑502. Assertion of adverse claim against entitlement holder.
An action based on an adverseclaim to a financial asset, whether framed in conversion, replevin,constructive trust, equitable lien, or other theory, may not be assertedagainst a person who acquires a security entitlement under G.S. 25‑8‑501for value and without notice of the adverse claim. (1997‑181, s. 1.)