Minnesota Statutes
§ 336.3-306 — 336.3-306 CLAIMS TO AN INSTRUMENT.
Minnesota § 336.3-306
This text of Minnesota § 336.3-306 (336.3-306 CLAIMS TO AN INSTRUMENT.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 336.3-306 (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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Legislative History
1992 c 565 s 34
Nearby Sections
15
§ 336.3-101
336.3-101 SHORT TITLE.§ 336.3-102
336.3-102 SUBJECT MATTER.§ 336.3-103
336.3-103 DEFINITIONS.§ 336.3-104
336.3-104 NEGOTIABLE INSTRUMENT.§ 336.3-105
336.3-105 ISSUE OF INSTRUMENT.§ 336.3-106
336.3-106 UNCONDITIONAL PROMISE OR ORDER.§ 336.3-109
336.3-109 PAYABLE TO BEARER OR TO ORDER.§ 336.3-111
336.3-111 PLACE OF PAYMENT.§ 336.3-112
336.3-112 INTEREST.§ 336.3-113
336.3-113 DATE OF INSTRUMENT.§ 336.3-114
336.3-114 CONTRADICTORY TERMS OF INSTRUMENT.§ 336.3-115
336.3-115 INCOMPLETE INSTRUMENT.Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 336.3-306, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336.3-306.