GroundRules
D.C. Code § 28:4-211: When bank gives value for purposes of holder in due course.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Subtitle I. Uniform Commercial Code.
- Article 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 section 28:3-302 on what constitutes a holder in due course.
Collected 2026-08-29T05:44:07Z. Source file · JSON