Security Entitlements

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This is Part 5 of the Code of Virginia, titled “Security Entitlements.” It is part of Title 8.8A “Commercial Code — Investment Securities”.

It’s comprised of the following 11 sections.

§ 8.8A-501	Securities account; acquisition of security entitlement from securities intermediary
§ 8.8A-502	Assertion of adverse claim against entitlement holder
§ 8.8A-503	Property interest of entitlement holder in financial asset held by securities intermediary
§ 8.8A-504	Duty of securities intermediary to maintain financial asset
§ 8.8A-505	Duty of securities intermediary with respect to payments and distributions
§ 8.8A-506	Duty of securities intermediary to exercise rights as directed by entitlement holder
§ 8.8A-507	Duty of securities intermediary to comply with entitlement order
§ 8.8A-508	Duty of securities intermediary to change entitlement holder's position to other form of security holding
§ 8.8A-509	Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder
§ 8.8A-510	Rights of purchaser of security entitlement from entitlement holder
§ 8.8A-511	Priority among security interests and entitlement holders