(810 ILCS 5/8-502)
Assertion of adverse claim against
entitlement holder. An action based on an adverse claim to a
financial asset, whether framed in conversion, replevin, constructive trust,
equitable lien, or other theory, may not be asserted against a person who
acquires a security entitlement under Section 8-501 for value and without
notice of the adverse claim.
(Source: P.A. 89-364, eff. 1-1-96.)