§ 4-211
49 words·~1 min read·
/md/commercial-law/4-211A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–211.
For purposes of determining its status as a holder in due course, a bank has given value to the extent that it has a security interest in an item, if the bank otherwise complies with the requirements of § 3-302 on what constitutes a holder in due course.