Abstract

The author of the article defends a thesis that under the Polish law a good faith acquisition of dematerialized shares is possible. The legal basis for such acquisition is Art. 169 §§ 1–2 of the Polish Civil Code. This view requires a systemic and functional approach in the interpretation of these provisions. The alternative view, according to which the appropriate basis for a good faith acquisition is Art. 7.1 of the Financial Instruments Trading Act is too far reaching.