North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 41-03-32: (3-306) Claims to an instrument

Where this section sits in the code

Title 41 Uniform Commercial Code
Chapter 41-03 Negotiable 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 2026-09-02T21:04:14Z. Source file · JSON

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