Protected purchaser.
Nev. Rev. Stat. § 104.8303
in effect1. Protected purchaser means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(a) Gives value;
(b) Does not have notice of any adverse claim to the security; and
(c) Obtains control of the certificated or uncertificated security.
2. A protected purchaser also acquires its interest in the security free of any adverse claim.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-104.htmlFetched: 10/4/2026