§ 8-115. Transfers by securities intermediaries; immunity, exceptions
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 8-115
§ 8-115. Transfers by securities intermediaries; immunity, exceptions
A securities intermediary that has transferred a financial asset in accordance with an effective entitlement order, or a broker or other agent or bailee that has dealt with a financial asset at the direction of its customer or principal, is not liable to a person having an adverse claim to the financial asset, unless the securities intermediary, or broker or other agent or bailee:
Credits
Added by Acts 1996, c. 92, § 2, eff. Oct. 1, 1996.
MD Code, Commercial Law, § 8-115, MD COML § 8-115
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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