# 13 Pa.C.S. § 8302: Rights of purchaser

> Pennsylvania · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8302

## Section

- **Citation:** 13 Pa.C.S. § 8302
- **Heading:** Rights of purchaser
- **Jurisdiction:** Pennsylvania
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** PA Code / Title 13 / Chapter 83 / Section 8302

## Text

(a) Rights acquired by purchaser.--Except as otherwise provided in subsections (b) and (c), a purchaser of a certificated or uncertificated security acquires all rights in the security that the transferor had or had power to transfer.

(b) Rights acquired by purchaser of limited interest.--A purchaser of a limited interest acquires rights only to the extent of the interest purchased.

(c) Limitation on rights acquired from protected purchaser.--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. (June 8, 2001, P.L.123, No.18, eff. July 1, 2001) 2001 Amendment. Act 18 amended subsec. (a).

## Nearby sections

- [13 Pa.C.S. § 8301 Delivery.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8301.md)
- [13 Pa.C.S. § 8302 Rights of purchaser.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8302.md)
- [13 Pa.C.S. § 8303 Protected purchaser.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8303.md)
- [13 Pa.C.S. § 8304 Indorsement.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8304.md)
- [13 Pa.C.S. § 8305 Instruction.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8305.md)
- [13 Pa.C.S. § 8306 Effect of guaranteeing signature, indorsement or instruction.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8306.md)
- [13 Pa.C.S. § 8307 Purchaser's right to requisites for registration of transfer.](https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8307.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_PA_T13_C83_S8302. Check the current official text before relying on it. Not legal advice.