Idaho Statutes
§ 28-3-306 — CLAIMS TO AN INSTRUMENT
Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. ENFORCEMENT OF INSTRUMENTS·Ch. 3 UNIFORM COMMERCIAL CODE — NEGOTIABLE 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
Coeur D'Alene Mining Co. v. First National Bank
800 P.2d 1026 (Idaho Supreme Court, 1990)
Everton v. Blair
576 P.2d 585 (Idaho Supreme Court, 1978)
Murr v. Selag Corp.
747 P.2d 1302 (Idaho Court of Appeals, 1987)
Hallowell v. Turner
496 P.2d 955 (Idaho Supreme Court, 1972)
Ventures, Inc. v. Jones
623 P.2d 145 (Idaho Supreme Court, 1981)
Farmers & Merchants State Bank v. Lloyd
582 P.2d 1094 (Idaho Supreme Court, 1978)
Legislative History
[28-3-306, added 1993, ch. 288, sec. 2, p. 1035.]
Nearby Sections
15
§ 28-1-101
SHORT TITLES§ 28-1-102
SCOPE OF CHAPTER§ 28-1-104
CONSTRUCTION AGAINST IMPLIED REPEAL§ 28-1-105
SEVERABILITY§ 28-1-106
USE OF SINGULAR AND PLURAL — GENDER§ 28-1-107
SECTION CAPTIONS§ 28-1-201
GENERAL DEFINITIONS§ 28-1-202
NOTICE — KNOWLEDGE§ 28-1-204
VALUE§ 28-1-205
REASONABLE TIME — SEASONABLENESS§ 28-1-206
PRESUMPTIONS