# RCW 62A.8-104: RCW 62A.8-104: Acquisition of security or financial asset or interest therein

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-104

## Section

- **Citation:** RCW 62A.8-104
- **Heading:** RCW 62A.8-104: Acquisition of security or financial asset or interest therein
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 62A / Chapter 8 / Section 8-104

## Text

(1) A person acquires a security or an interest therein, under this Article, if: (a) The person is a purchaser to whom a security is delivered pursuant to RCW 62A.8-301 ; or (b) The person acquires a security entitlement to the security pursuant to RCW 62A.8-501 . (2) A person acquires a financial asset, other than a security, or an interest therein, under this Article, if the person acquires a security entitlement to the financial asset. (3) A person who acquires a security entitlement to a security or other financial asset has the rights specified in Part 5 of this Article, but is a purchaser of any security, security entitlement, or other financial asset held by the securities intermediary only to the extent provided in RCW 62A.8-503 . (4) Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule, or agreement to transfer, deliver, present, surrender, exchange, or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection (1) or (2) of this section.

## Nearby sections

- [RCW 62A.8-101 RCW 62A.8-101: Short title.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-101.md)
- [RCW 62A.8-102 RCW 62A.8-102: Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-102.md)
- [RCW 62A.8-103 RCW 62A.8-103: Rules for determining whether certain obligations and interests are securities or financial assets.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-103.md)
- [RCW 62A.8-104 RCW 62A.8-104: Acquisition of security or financial asset or interest therein.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-104.md)
- [RCW 62A.8-105 RCW 62A.8-105: Notice of adverse claim.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-105.md)
- [RCW 62A.8-106 RCW 62A.8-106: Control.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-106.md)
- [RCW 62A.8-107 RCW 62A.8-107: Whether indorsement, instruction, or entitlement is effective.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-107.md)
- [RCW 62A.8-108 RCW 62A.8-108: Warranties in direct holding.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-108.md)
- [RCW 62A.8-109 RCW 62A.8-109: Warranties in indirect holding.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-109.md)
- [RCW 62A.8-110 RCW 62A.8-110: Applicability; choice of law.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-110.md)
- [RCW 62A.8-111 RCW 62A.8-111: Clearing corporation rules.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-111.md)
- [RCW 62A.8-112 RCW 62A.8-112: Creditor's legal process.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-112.md)
- [RCW 62A.8-113 RCW 62A.8-113: Statute of frauds inapplicable.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-113.md)
- [RCW 62A.8-114 RCW 62A.8-114: Evidentiary rules concerning certificated securities.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T62A_C8_S8-104. Check the current official text before relying on it. Not legal advice.