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RHODE ISLAND STATUTES AND CODES

§ 6A-3-306 - Claims to an instrument.

SECTION 6A-3-306

   § 6A-3-306  Claims to an instrument. –A person taking an instrument, other than a person having rights of a holder indue course, is subject to a claim of a property or possessory right in theinstrument or its proceeds, including a claim to rescind a negotiation and torecover the instrument or its proceeds. A person having rights of a holder indue course takes free of the claim to the instrument.

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