{"data":{"id":"us-hi/haw.-rev.-stat.-490-1-204","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 490:1-204","heading":"Value.","body":"Except as otherwise provided in articles 3, 4, 5, and 12, a person gives value for rights if the person acquires them:\n\n(1) In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;\n\n(2) As security for, or in total or partial satisfaction of, a preexisting claim;\n\n(3) By accepting delivery under a preexisting contract for purchase; or\n\n(4) In return for any consideration sufficient to support a simple contract.","path":["Hawaii Code","Division 2","Title 27","Chapter 490"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol11_Ch0476-0490/HRS0490/HRS_0490-0001-0204.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"57a2730603dac8a230e732ec0823c835d0a25446703f2de1e31d1eca296ffd14","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-490-1-203","next":"us-hi/haw.-rev.-stat.-490-1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}