There is a newer version of the Idaho Code and Statutes
2005 Idaho Code - 28-3-306 — CLAIMS TO AN INSTRUMENT
TITLE 28 COMMERCIAL TRANSACTIONS CHAPTER 3 UNIFORM COMMERCIAL CODE -- NEGOTIABLE INSTRUMENTS PART 3. ENFORCEMENT OF INSTRUMENTS 28-3-306. 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.
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