31.1(1)This Act does not limit the rights of a protected purchaser of a security under the Securities Transfer Act.

31.1(2)The interest of a protected purchaser of a security under the Securities Transfer Act takes priority over an earlier security interest, even if perfected, to the extent provided in that Act.

31.1(3)This Act does not limit the rights of or impose liability on a person to the extent that the person is protected against the assertion of a claim under the Securities Transfer Act.