Vermont § 306 - § 3—306.
Full text of Vermont Vermont Statutes Online § 306 — § 3—306., with citation guidance and answers to common questions.
§ 306. § 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. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
Frequently Asked Questions About Vermont § 306
What does Vermont Statutes Online § 306 cover?
Section 306 ("§ 3—306.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 306?
A common citation format is "Vermont Statutes Online § 306" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 306 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.