# Mont. Code Ann. § 30-8-332: 30-8-332 Rights of purchaser

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-332

## Section

- **Citation:** Mont. Code Ann. § 30-8-332
- **Heading:** 30-8-332 Rights of purchaser
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 30 / Chapter 8 / Part 3 / Section 30-8-332

## Text

30-8-332 . Rights of purchaser. (1) Except as otherwise provided in subsections (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.

(2) A purchaser of a limited interest acquires rights only to the extent of the interest purchased.

(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.

## Nearby sections

- [Mont. Code Ann. § 30-8-331 30-8-331 Delivery](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-331.md)
- [Mont. Code Ann. § 30-8-332 30-8-332 Rights of purchaser](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-332.md)
- [Mont. Code Ann. § 30-8-333 30-8-333 Protected purchaser](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-333.md)
- [Mont. Code Ann. § 30-8-334 30-8-334 Indorsement](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-334.md)
- [Mont. Code Ann. § 30-8-335 30-8-335 Instruction](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-335.md)
- [Mont. Code Ann. § 30-8-336 30-8-336 Effect of guaranteeing signature, indorsement, or instruction](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-336.md)
- [Mont. Code Ann. § 30-8-337 30-8-337 Purchaser's right to requisites for registration of transfer](https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-337.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T30_C8_P3_S30-8-332. Check the current official text before relying on it. Not legal advice.