Uniform Commercial Code 

Iowa Code > Title XIII > Subtitle 5 > Chapter 554 > § 554.8116. 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.

Previous section	Chapter 554 Table of Contents	Next section

________________________________________________________________________

Questions & Answers: Uniform Commercial Code

how do you over come a person that is in wrongful possession of the note and is trying to enforce it( foreclosure) ...

The developer of a condominium votes units that have not been built even though there has not been any development for 7 years. The articles of declaration & bylaws specifically s...

Does this code section apply to services as well? If you enter into a contract with a service provider where the services are not determined and therefore the price of said service...

In a short sale is the bank required to counter offer in writing according to Missouri law?...

a company in price served me with a court letter stating i must show up for court and answer questions but i have not been contacted from them at all should they not try to contact...

Please we would like to know who is responsible to Authenticates warehouse receipt in any country ?...

See also:

Iowa Code Chapter 554 - Uniform commercial code

Comments (0)