# Commercial Law (GCL)

## Title 8. Investment Securities

### Subtitle 5. Security Entitlements

#### Section 8-502

An action based on an adverse claim to a financial asset, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may not be asserted against a person who acquires a security entitlement under Sec. 8-501 of this subtitle for value and without notice of the adverse claim.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)