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Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 403.306: Claims to an instrument.

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Where this section sits in the code
  1. Chs. 401-411, Uniform Commercial Code
  2. Chapter 403 Uniform Commercial Code — Negotiable Instruments
  3. 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

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