{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-3-202","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-3-202","heading":"Negotiation Subject to Rescission","body":"NEGOTIATION SUBJECT TO RESCISSION\n\n(a) Negotiation is effective even if obtained (i) from an\n\ninfant, a corporation exceeding its powers, or a person without\n\ncapacity, (ii) by fraud, duress, or mistake, or (iii) in breach of\n\nduty or as part of an illegal transaction.\n\n(b) To the extent permitted by other law, negotiation may be\n\nrescinded or may be subject to other remedies, but those remedies\n\nmay not be asserted against a subsequent holder in due course or a\n\nperson paying the instrument in good faith and without knowledge of\n\nfacts that are a basis for rescission or other remedy.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"6b95826159c82f4cc35bb82503748f4c4794e0c0a34a5decd94c004550f90559","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-3-201","next":"us-ok/okla.-stat.-tit.-12a-12a-3-203"},"notice":"GroundRules: Original legal text. Not legal advice."}
