Arkansas Code Annotated

Ark. Code Ann. § 4-3-306 (2026)

Claims to an instrument

✓ current as of May 2026
Find cases: SyfertCases citing this section JustiaArk. Code CornellLII Search CasesGoogle Scholar

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.

History. Acts 1991, No. 572, § 5.

Notes of Decisions
Cited in 1 case, 1991–1991 · leading case: Mobley v. Harmon, 803 S.W.2d 900 (Ark. 1991).
Mobley v. Harmon, 803 S.W.2d 900 (Ark. 1991). · cites it 2× “See Ark. Code Ann. § 4-3-306 (1987); Richardson v.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.