Oklahoma Statutes
§ 12A-3-306 — Claims to an Instrument.
Oklahoma § 12A-3-306
JurisdictionOklahoma
Title 12AUniform Commercial Code
This text of Oklahoma § 12A-3-306 (Claims to an Instrument.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Okla. Stat. tit. 12A, § 12A-3-306 (2026).
Text
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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Legislative History
Laws 1961, p. 109, § 3-306; Laws 1991, c. 117, § 57, eff. Jan. 1, 1992.
Nearby Sections
15
§ 12A-1-101
Short titles.§ 12A-1-102
Scope of article.§ 12A-1-104
Construction against implicit repeal.§ 12A-1-106
Use of singular and plural - Gender.§ 12A-1-107
Section captions.§ 12A-1-108
Repealed§ 12A-1-108.1
Relationship to Electronic Signatures in Global and§ 12A-1-202
Notice - Knowledge.§ 12A-1-203
Lease distinguished from security interest.§ 12A-1-204
"Value".§ 12A-1-205
Reasonable time - Seasonableness.§ 12A-1-206
Presumptions.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 12A-3-306, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/12A/12A-3-306.