Nevada § 104.8115 - Securities intermediary and others not liable to adverse claimant
Full text of Nevada Nevada Revised Statutes § 104.8115 — Securities intermediary and others not liable to adverse claimant, with citation guidance and answers to common questions.
§ 104.8115. Securities intermediary and others not liable to adverse claimant
A securities intermediary that has transferred a financial asset pursuant to an effective
entitlement order, or a broker or other agent or bailee that has dealt with a financial
asset at the direction of his or her customer or principal, is not liable to a person
having an adverse claim to the financial asset, unless he or she: 1. Took the action after he or she had been served with an injunction, restraining
order or other legal process enjoining him or her from doing so, issued by a court
of competent jurisdiction, and had a reasonable opportunity to act on the injunction,
restraining order or other legal process; 2. Acted in collusion with the wrongdoer in violating the rights of the adverse claimant;
or 3. In the case of a security certificate that had been stolen, acted with notice of
the adverse claim.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.8115
What does Nevada Revised Statutes § 104.8115 cover?
Section 104.8115 ("Securities intermediary and others not liable to adverse claimant") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 104.8115?
A common citation format is "Nevada Revised Statutes § 104.8115" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.8115 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.