(8-502) Assertion of adverse claim against entitlement holder

N.D. Cent. Code § 41-08-42
in effect
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41-08-42. (8-502) Assertion of adverse claim against entitlement holder 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 section 41-08-41 for value and without notice of the adverse claim.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c08.pdf#nameddest=41-08-42Fetched: 10/16/2026

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