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2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 33 - Enforcement of Instruments
Section 3306 - Claims to an instrument

     § 3306.  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.

        Cross References.  Section 3306 is referred to in sections
     3302, 3305, 3602 of this title.

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