Tennessee Statutes
§ 47-3-306 — Claims to an instrument
Tennessee·Title 47
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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Tennessee § 47-3-306 (Claims to an instrument) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Federal Deposit Ins. Corp. v. Webb
464 F. Supp. 520 (E.D. Tennessee, 1978)
Starnes Family Office, LLC v. McCullar
765 F. Supp. 2d 1036 (W.D. Tennessee, 2011)
Martin v. Defendefer (In re Butcher)
79 B.R. 741 (E.D. Tennessee, 1987)
Federal Deposit Insurance v. Newton
737 S.W.2d 278 (Court of Appeals of Tennessee, 1987)
United American Financial Corp. v. Financial Interstate Service Corp. (In re United American Financial Corp.)
36 B.R. 331 (E.D. Tennessee, 1984)
State Resources Corporation v. Thomas E. Talley
(Court of Appeals of Tennessee, 2004)
Legislative History
Acts 1995, ch. 397, § 2.
Nearby Sections
15
§ 47-1-101
Short title§ 47-1-102
Scope of chapter§ 47-1-104
Construction against implied repeal§ 47-1-105
Severability§ 47-1-106
Use of singular and plural - Gender§ 47-1-201
General definitions§ 47-1-202
Notice - Knowledge§ 47-1-204
Value§ 47-1-205
Reasonable time - Seasonableness§ 47-1-206
Presumptions§ 47-1-302
Variation by agreement