Maryland Statutes
§ 3-306
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Maryland § 3-306 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.