2010 Georgia Code 11-8-303 Case Law
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Graham W. Syfert, Esq.

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Phone: 904-383-7448
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One Click Case Law for § 11-8-303
O.C.G.A. § 11-8-302 <-- --> O.C.G.A. §11-8-304



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 8 - INVESTMENT SECURITIES
PART 3 - TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES
§ 11-8-303 - Protected purchaser

O.C.G.A. 11-8-303 (2010)
11-8-303. Protected purchaser


(a) "Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

(1) Gives value;

(2) Does not have notice of any adverse claim to the security; and

(3) Obtains control of the certificated or uncertificated security.

(b) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.

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

graham@syfert.com