GroundRules
O.C.G.A. § 11-4-211: When bank gives value for purposes of holder in due course.
Where this section sits in the code
- TITLE 11 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 Code Section 11-3-302 on what constitutes a holder in due course.
Collected 2026-09-17T19:34:57Z. Source file · JSON