{"data":{"id":"us-ca/com-3306","jurisdiction":"us-ca","citation":"COM § 3306","heading":"","body":"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.","path":["Commercial Code - COM","DIVISION 3. NEGOTIABLE INSTRUMENTS [3101. - 3605.]","CHAPTER 3. Enforcement of Instruments [3301. - 3312.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"cf4bf42bb5f736dd27e9b48826382f463390d6fbd0ef02d5742c698a1e54f2fd","source_id":"us-ca","stale":false,"prev":"us-ca/com-3305","next":"us-ca/com-3307"},"notice":"GroundRules: Original legal text. Not legal advice."}