GroundRules
ORS 73.0306: Claims to an instrument.
Where this section sits in the code
- 02 - Business Organizations, Commercial Code
- 8. Commercial Transactions
- Chapter 73 — 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 2026-09-03T23:50:10Z. Source file · JSON