Kansas Statutes
§ 84-3-306 — Claims to an instrument
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
Resolution Trust Corp. v. Davies
824 F. Supp. 1002 (D. Kansas, 1993)
Legislative History
L. 1991, ch. 296, § 32; February 1, 1992.
Nearby Sections
15
§ 84-1-101
Short titles§ 84-1-102
Scope of article§ 84-1-104
Construction against implied repeal§ 84-1-105
Severability§ 84-1-106
Use of singular and plural; gender§ 84-1-107
Section captions§ 84-1-201
General definitions§ 84-1-202
Notice; knowledge§ 84-1-204
Value§ 84-1-205
Reasonable time; seasonableness§ 84-1-206
Presumptions