{"data":{"id":"us-al/ala.-code-7-4-211","jurisdiction":"us-al","citation":"Ala. Code § 7-4-211","heading":"When Bank Gives Value for Purposes of Holder in Due Course.","body":"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 7-3-302 on what constitutes a holder in due course.","path":["Title 7 Commercial Code.","Article 4 Bank Deposits and Collections.","Part 2 Collection of Items: Depositary and Collecting Banks."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-4-211","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"3f23eabad0c4add1599252bce28e5ef9d9317a345b144b8502434f81374ea5d0","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-4-210","next":"us-al/ala.-code-7-4-212"},"notice":"GroundRules: Original legal text. Not legal advice."}