Fla. Stat. § 678.3031
Protected purchaser
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2025
As of January 1, 2011
(1) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(a) Gives value.
(b) Does not have notice of any adverse claim to the security.
(c) Obtains control of the certificated or uncertificated security.
(1) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(a) Gives value.
(b) Does not have notice of any adverse claim to the security.
(c) Obtains control of the certificated or uncertificated security.
(2) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.
(2) A protected purchaser acquires its interest in the security free of any adverse claim.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.