GroundRules
S.C. Code Ann. § 36-4-211: When bank gives value for purposes of holder in due course.
Where this section sits in the code
- Title 36 - COMMERCIAL CODE
- CHAPTER 4 Commercial Code—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 36-3-302 on what constitutes a holder in due course.
Collected 2026-09-02T07:08:19Z. Source file · JSON