GroundRules
COM § 4211
Where this section sits in the code
- Commercial Code - COM
- DIVISION 4. BANK DEPOSITS AND COLLECTIONS [4101. - 4504.]
- CHAPTER 2. Collection of Items: Depositary and Collecting Banks [4201. - 4216.]
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 Section 3302 on what constitutes a holder in due course.
Collected 2026-09-14T05:56:33Z. Source file · JSON