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Nemo dat quod non habet
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== Scots law == As in the United States, banknotes in Scotland are an exception to the rule. This issue arose in the 1749 case of ''[[Crawfurd v The Royal Bank]]'', where title to a banknote issued by the [[Bank of Scotland]] that had gone missing in the post and found in the possession of the [[Royal Bank of Scotland]] was disputed.<ref>Kenneth Reid (1 May 2013), [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2260952 "Banknotes and their Vindication in Eighteenth-Century Scotland"]</ref>
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