Maryland Statutes
§ 3-306
Maryland § 3-306
This text of Maryland § 3-306 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 3-306 (2026).
Text
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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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 3-306, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/3-306.