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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.Turtle Mountain Band of Chippewa Indians Tribal Code.
24.16.060 Claims to an Instrument
Original url: /us/nsn/tmchippewa/council/code/24.16.060
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