ANTECEDENT CLAIM
antecedent claim.A preexisting claim. • Under the UCC, a holder takes an instrument for
value if it is taken for an antecedent claim. UCC § 3-303(a)(3). [Blacks Law 8th]
antecedent claim.A preexisting claim. • Under the UCC, a holder takes an instrument for
value if it is taken for an antecedent claim. UCC § 3-303(a)(3). [Blacks Law 8th]