GroundRules
6 Del. C. § 4-211: When bank gives value for purposes of holder in due course.
Where this section sits in the code
- Title 6. Commerce and Trade
- 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 3-302 on what constitutes a holder in due course.
Collected 2026-09-05T23:02:06Z. Source file · JSON