GroundRules
S.C. Code Ann. § 36-3-306: Claims to instrument.
Where this section sits in the code
- Title 36 - COMMERCIAL CODE
- CHAPTER 3 Commercial Code—Negotiable Instruments
- 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 2026-09-02T07:08:14Z. Source file · JSON