Claims to an instrument.

Del. Code tit. 6, § 3-306
in effect
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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.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c003/sc03/index.htmlFetched: 10/4/2026

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