Wisconsin § 408.303 - Protected purchaser.
Full text of Wisconsin Wisconsin Statutes § 408.303 — Protected purchaser., with citation guidance and answers to common questions.
§ 408.303. Protected purchaser.
408.303(1) (1) In this chapter, “protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who: 408.303(1)(a) (a) Gives value; 408.303(1)(b) (b) Does not have notice of any adverse claim to the security; and 408.303(1)(c) (c) Obtains control of the certificated or uncertificated security. 408.303(2) (2) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim. 408.303 History History: 1997 a. 297 .
Frequently Asked Questions About Wisconsin § 408.303
What does Wisconsin Statutes § 408.303 cover?
Section 408.303 ("Protected purchaser.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. 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 Wisconsin § 408.303?
A common citation format is "Wisconsin Statutes § 408.303" (Wisconsin). 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 Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 408.303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin 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 Wisconsin.