Section 8.8A-303 - [Effective Until 7/1/2025] Protected purchaser(a) "Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who: (2) does not have notice of any adverse claim to the security; and(3) obtains control of the certificated or uncertificated security.(b) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.Amended by Acts 1996, § c. 216.This section is set out more than once due to postponed, multiple, or conflicting amendments.