{"code":"COM","codeName":"Commercial Code","section":"8502","citation":"Com. Code, § 8502","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 8. INVESTMENT SECURITIES [8101. - 8603.]","url":"https://blackletter.si/commercial-code/division-8"},{"name":"CHAPTER 5. Security Entitlements [8501. - 8511.]","url":"https://blackletter.si/commercial-code/division-8/chapter-5"}],"history":"Added by Stats. 1996, Ch. 497, Sec. 9.   Effective January 1, 1997.","effective":"1997-01-01","html":"<p>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 <a href=\"/com/8501\">8501</a> for value and without notice of the adverse claim.</p>","text":"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 8501 for value and without notice of the adverse claim.","otherVersions":[],"url":"https://blackletter.si/commercial-code/security-entitlements-8502","source":"California Legislative Information bulk export (pubinfo)"}