Montana Title 30. Trade and Commerce § 30-3-306. Claims to an instrument
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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.
Cite this article: FindLaw.com - Montana Title 30. Trade and Commerce § 30-3-306. Claims to an instrument - last updated April 27, 2021 | https://codes.findlaw.com/mt/title-30-trade-and-commerce/mt-code-ann-sect-30-3-306.html
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