GroundRules
Ark. Code Ann. § 4-4-211: When bank gives value for purposes of holder in due course.
Where this section sits in the code
- Title 4 Business and Commercial Law
- Subtitle 1. Uniform Commercial Code
- Chapter 4 Bank Deposits and Collections
- Part 2 — Collection of Items — Depositary and Collecting Banks
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, if the bank otherwise complies with the requirements of § 4-3-302 on what constitutes a holder in due course.
Collected 2026-09-17T21:07:03Z. Source file · JSON