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Idaho · Through 2026 Legislative Session

Idaho Code § 28-3-306: Claims to an instrument.

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Where this section sits in the code
  1. TITLE 28 COMMERCIAL TRANSACTIONS
  2. CHAPTER 3 UNIFORM COMMERCIAL CODE — NEGOTIABLE INSTRUMENTS
  3. PART 3. ENFORCEMENT OF INSTRUMENTS

A person taking an instrument, other than a person having rights of a holder in due course, is subject to a claim of a property or possessory right in the instrument or its proceeds, including a claim to rescind a negotiation and to recover the instrument or its proceeds. A person having rights of a holder in due course takes free of the claim to the instrument.

Collected 2026-09-04T11:18:14Z. Source file · JSON

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