§12A-8-116.

§12A-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.