{"data":{"id":"us-la/rs-10-3-306","jurisdiction":"us-la","citation":"RS 10:3-306","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":["TITLE 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74156","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:03Z","sha256":"cf4bf42bb5f736dd27e9b48826382f463390d6fbd0ef02d5742c698a1e54f2fd","source_id":"us-la","stale":false,"prev":"us-la/rs-10-3-305","next":"us-la/rs-10-3-307"},"notice":"GroundRules: Original legal text. Not legal advice."}