{"data":{"id":"us-me/11-m.r.s.-4-209","jurisdiction":"us-me","citation":"11 M.R.S. §4-209","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 3‑1302 on what constitutes a holder in due course.","path":["TITLE 11: UNIFORM COMMERCIAL CODE","PART 2: COLLECTION OF ITEMS; DEPOSITARY AND COLLECTING BANKS"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec4-209.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"aba48dc7629b39ce528c9f66a7eee9252401e2d116facc2c74651aa43c227ad4","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-4-208","next":"us-me/11-m.r.s.-4-210"},"notice":"GroundRules: Original legal text. Not legal advice."}