Tex. Bus. & Com. Code § 8.502 · Subchapter E. SECURITY ENTITLEMENTS
ASSERTION OF ADVERSE CLAIM AGAINST ENTITLEMENT HOLDER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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 8.501 for value and without notice of the adverse claim.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.8.htm
- Text hash
- sha256 64e5f5b457e746c5d05fc8b6039238cf80792e639db87014ff55b5b0ea0e5771
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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