13 Pa. C.S. § 3306
Current through Pa Acts 2024-53, 2024-56 through 2024-92
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.
13 Pa.C.S. § 3306