30-4-209. When bank gives value for purposes of holder in due course.
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/mt/title-30/chapter-4/part-2/30-4-209·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
30-4-209 . When bank gives value for purposes of holder in due course. For purposes of determining its status as a holder in due course, a bank has given value to the extent it has a security interest in an item, provided the bank otherwise complies with the requirements of 30-3-302 on what constitutes a holder in due course.