{"data":{"id":"us-il/810-ilcs-5-3-306","jurisdiction":"us-il","citation":"810 ILCS 5/3-306","heading":"Claims to an instrument.","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":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"cf4bf42bb5f736dd27e9b48826382f463390d6fbd0ef02d5742c698a1e54f2fd","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-3-305","next":"us-il/810-ilcs-5-3-307"},"notice":"GroundRules: Original legal text. Not legal advice."}