GroundRules
Utah Code § 70A-3-306: Claims to an instrument.
Where this section sits in the code
- Title 70A Uniform Commercial Code
- Chapter 70A-3 Uniform Commercial Code - Negotiable Instruments
- Part 70A-3-3 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 2026-09-03T11:34:34Z. Source file · JSON