Wis. Stat. § 403.306: Claims to an instrument.
Where this section sits in the code
- Chs. 401-411, Uniform Commercial Code
- Chapter 403 Uniform Commercial Code — Negotiable Instruments
- SUBCHAPTER III 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 2026-09-05T12:01:21Z. Source file · JSON