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Nev. Rev. Stat. § 104.3306

Claims to an instrument

Nevada · Nevada Revised Statutes Chapter 104 — Uniform Commercial Code—Original Articles · Status: effective

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Nev. Rev. Stat. § 104.3306, Claims to an instrument, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2079398
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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.