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2025 Florida Statutes
SECTION 3031
Protected purchaser.
Protected purchaser.
678.3031 Protected purchaser.—
(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) A protected purchaser acquires its interest in the security free of any adverse claim.
History.—s. 3, ch. 98-11; s. 66, ch. 2025-92.