Nebraska Uniform Commercial Code 3-306
- Uniform Commercial Code
- 3-306
UCC 3-306
3-306.
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.