{"data":{"id":"us-me/11-m.r.s.-3-1306","jurisdiction":"us-me","citation":"11 M.R.S. §3-1306","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 11: UNIFORM COMMERCIAL CODE","PART 3: ENFORCEMENT OF INSTRUMENTS"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec3-1306.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"cf4bf42bb5f736dd27e9b48826382f463390d6fbd0ef02d5742c698a1e54f2fd","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-3-1305","next":"us-me/11-m.r.s.-3-1307"},"notice":"GroundRules: Original legal text. Not legal advice."}