Rights of purchaser.

Del. Code tit. 6, § 8-302
in effect
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(a) Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer. (b) A purchaser of a limited interest acquires rights only to the extent of the interest purchased. (c) A purchaser of a certificated security who as a previous holder had notice of an adverse claim does not improve its position by taking from a protected purchaser.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c008/sc03/index.htmlFetched: 10/4/2026

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