{"data":{"id":"us-il/810-ilcs-5-4-211","jurisdiction":"us-il","citation":"810 ILCS 5/4-211","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 3-302 on what constitutes a holder in due course.","path":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"1eac87d93629cf59dc09e1927d4385a2abb357120d5e5fab153d0a0b8d9e15ca","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-4-210","next":"us-il/810-ilcs-5-4-212"},"notice":"GroundRules: Original legal text. Not legal advice."}
