<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="3-306" title_number="3" title_name="Negotiable Instruments" subtitle_number="3" subtitle_name="Enforcement of Instruments">
  <text>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.</text>
</section>
