# 6 Del. C. § 8-303: § Â 8-303. Protected purchaser

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-303

## Section

- **Citation:** 6 Del. C. § 8-303
- **Heading:** § Â 8-303. Protected purchaser
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 6 / Article 8 / Part 3 / Section 8-303

## Text

(a) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

(1) gives value;

(2) does not have notice of any adverse claim to the security; and

(3) obtains control of the certificated or uncertificated security.

(b) A protected purchaser acquires its interest in the security free of any adverse claim.

## Nearby sections

- [6 Del. C. § 8-301 § Â
        8-301. Delivery.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-301.md)
- [6 Del. C. § 8-302 § Â
        8-302. Rights of purchaser.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-302.md)
- [6 Del. C. § 8-303 § Â
        8-303. Protected purchaser.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-303.md)
- [6 Del. C. § 8-304 § Â
        8-304. Endorsement.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-304.md)
- [6 Del. C. § 8-305 § Â
        8-305. Instruction.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-305.md)
- [6 Del. C. § 8-306 § Â
        8-306. Effect of guaranteeing signature, endorsement, or instruction.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-306.md)
- [6 Del. C. § 8-307 § Â
        8-307. Purchaser’s right to requisites for registration of transfer.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-307.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A8_P3_S8-303. Check the current official text before relying on it. Not legal advice.