NRS 104.3306
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.

Source: Section 104.3306 — Claims to an instrument., https://www.­leg.­state.­nv.­us/NRS/NRS-104.­html#NRS104Sec3306.

Last Updated

Feb. 5, 2021

§ 104.3306’s source at nv​.us