Wisconsin § 408.302 - Rights of purchaser.
Full text of Wisconsin Wisconsin Statutes § 408.302 — Rights of purchaser., with citation guidance and answers to common questions.
§ 408.302. Rights of purchaser.
408.302(1) (1) Except as otherwise provided in subs. (2) and (3) , a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer. 408.302(2) (2) A purchaser of a limited interest acquires rights only to the extent of the interest purchased. 408.302(3) (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. 408.302 History History: 1997 a. 297 ; 2001 a. 10 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 408.302
What does Wisconsin Statutes § 408.302 cover?
Section 408.302 ("Rights of 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 § 408.302?
A common citation format is "Wisconsin Statutes § 408.302" (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 § 408.302 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.