§12A-8-510.

§12A-8-510.
   
   Rights of Purchaser of Security Entitlement from Entitlement Holder.
   
   (a) An action based on an adverse claim to a financial asset or
   security entitlement, whether framed in conversion, replevin,
   constructive trust, equitable lien, or other theory, may not be
   asserted against a person who purchases a security entitlement, or an
   interest therein, from an entitlement holder if the purchaser gave
   value, does not have notice of the adverse claim, and obtains control.
   
   (b) If an adverse claim could not have been asserted against an
   entitlement holder under Section 8-502 of this title, the adverse
   claim cannot be asserted against a person who purchases a security
   entitlement, or an interest therein, from the entitlement holder.
   
   (c) In a case not covered by the priority rules in Article 9 of this
   code, a purchaser for value of a security entitlement, or an interest
   therein, who obtains control has priority over a purchaser of a
   security entitlement, or an interest therein, who does not obtain
   control. Purchasers who have control rank equally, except that a
   securities intermediary as purchaser has priority over a conflicting
   purchaser who has control unless otherwise agreed by the securities
   intermediary.