2010 Georgia Code 11-8-116 Case Law
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Graham W. Syfert, Esq.

1650 Margaret St, Ste. 302, PMB#264
Jacksonville, FL 32204


Phone: 904-383-7448
E-mail: graham@syfert.com
Fax: 904-638-4726

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One Click Case Law for § 11-8-116
O.C.G.A. § 11-8-115 <-- --> O.C.G.A. §11-8-201



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 8 - INVESTMENT SECURITIES
PART 1 - SHORT TITLE AND GENERAL MATTERS
§ 11-8-116 - Securities intermediary as purchaser for value

O.C.G.A. 11-8-116 (2010)
11-8-116. Securities intermediary as purchaser for value


A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com