Okla. Stat. tit. 12A, § 12A-3-306
This is the official text of Okla. Stat. tit. 12A, § 12A-3-306, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Claims to an Instrument
Official statutory text
CLAIMS TO AN INSTRUMENT
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 300
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.
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 300
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.
Status: in_force · Read it on the official government site
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