Oregon Revised Statutes Chapter 78 § 78.3020 — Rights
Oregon Revised Statutes Chapter 78 ·
Oregon Code § 78.3020·Enacted ·Last updated March 01, 2026
Statute Text
Rights
of purchaser.
(1)
Except as otherwise provided in subsections (2) and (3) of this section, a
purchaser of a certificated or uncertificated security acquires all rights in
the security that the transferor had or had power to transfer.
(2) A purchaser
of a limited interest acquires rights only to the extent of the interest
purchased.
(3) 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. [1961
c.726 §78.3020; 1985 c.676 §78.3020; 1995 c.328 §28; 2001 c.445 §155]
Plain English Explanation
This Oregon statute addresses Rights
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 78.3020
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Rights
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