Arizona Statutes
§ 47-3306 — Claims to an instrument
Arizona·Title 47 Arizona Revised Statutes·Ch. 3 NEGOTIABLE INSTRUMENTS·Art. 3 Enforcement of Instruments
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.
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Related
Koss Corp. v. American Express Co.
309 P.3d 898 (Court of Appeals of Arizona, 2013)
In Re NASH
49 B.R. 254 (D. Arizona, 1985)
Valley Bank of Nevada v. JER Management Corp.
719 P.2d 301 (Court of Appeals of Arizona, 1986)
Palo Verde Management & Financial Services Co. v. Nash (In re Nash)
49 B.R. 254 (D. Arizona, 1985)
Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
Presumptions