Fla. Stat. § 673.3061

Current through the 2024 Legislative Session
Section 673.3061 - Claims to an instrument

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.

Fla. Stat. § 673.3061

s. 2, ch. 92-82.