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Pennsylvania · Through 2025-12-01 (Statute Update stamp, 13 Pa.C.S.)

13 Pa.C.S. § 3306: Claims to an instrument.

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Where this section sits in the code
  1. Title 13 - COMMERCIAL CODE
  2. CHAPTER 33 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 2026-09-02T16:31:03Z. Source file · JSON

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