South Carolina § 36-3-306 - Claims to instrument.
Full text of South Carolina South Carolina Code of Laws § 36-3-306 — Claims to instrument., with citation guidance and answers to common questions.
§ 36-3-306. Claims to 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.
HISTORY: 1962 Code SECTION 10.3-306; 1966 (54) 2716; 2008 Act No. 204, SECTION 2, eff July 1, 2008.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 36-3-306
What does South Carolina Code of Laws § 36-3-306 cover?
Section 36-3-306 ("Claims to instrument.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 36-3-306?
A common citation format is "South Carolina Code of Laws § 36-3-306" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 36-3-306 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.