Current as of April 21, 2021 | Updated by FindLaw Staff
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(a) In this chapter, “protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest in the security, who gives value, does not have notice of an adverse claim to the security, and obtains control of the certificated or uncertificated security.
(b) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires the interest in the security free of any adverse claim.
Cite this article: FindLaw.com - Alaska Statutes Title 45. Trade and Commerce § 45.08.303. Protected purchaser - last updated April 21, 2021 | https://codes.findlaw.com/ak/title-45-trade-and-commerce/ak-st-sect-45-08-303/
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