GroundRules
Minn. Stat. § 336.4-211: WHEN BANK GIVES VALUE FOR PURPOSES OF HOLDER IN DUE COURSE.
Where this section sits in the code
- TRADE REGULATIONS, CONSUMER PROTECTION
- CHAPTER 336. 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 336.3-302 on what constitutes a holder in due course.
Collected 2026-09-02T22:10:43Z. Source file · JSON