Protected purchaser.
F.S. 678.3031
in effect(1)
“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.
(c)
Obtains control of the certificated or uncertificated security.
(2)
A protected purchaser acquires its interest in the security free of any adverse claim.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter678/AllFetched: 7/8/2026