NRS 104.3306: Claims to an instrument.
Where this section sits in the code
- TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
- CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES
- NEGOTIABLE INSTRUMENTS
- 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 2026-09-03T05:51:31Z. Source file · JSON