NRS 104.8302
Rights of purchaser.


1.

Except as otherwise provided in subsections 2 and 3, a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.

2.

A purchaser of a limited interest acquires rights only to the extent of the interest purchased.

3.

A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.

Source: Section 104.8302 — Rights of purchaser., https://www.­leg.­state.­nv.­us/NRS/NRS-104.­html#NRS104Sec8302.

Last Updated

Feb. 5, 2021

§ 104.8302’s source at nv​.us