GroundRules
AS 45.04.211: When bank gives value for purposes of holder in due course.
Where this section sits in the code
- Title 45. Trade and Commerce.
- Chapter 04. Bank Deposits and Collections.
- Article 2. Collection of Items: Depositary and Collecting Banks.
To determine its status as a holder in due course, a bank has given value to the extent it has a security interest in an item, if the bank otherwise complies with the requirements of AS 45.03.302 on what constitutes a holder in due course.
Collected 2026-09-02T06:19:44Z. Source file · JSON