(1). "Protected purchaser" means a purchaser of a certificated or uncertificated security or of an interest in a certificated or uncertificated security who:
(a). Gives value;
(b). Does not have notice of any adverse claim to the security; and
(c). Obtains control of the certificated or uncertificated security.
(2). A protected purchaser acquires its interest in the security free of any adverse claim.