{"data":{"id":"us-mi/mich.-comp.-laws-440.4211","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.4211","heading":"Bank with security interest as holder in due course.","body":"Sec. 4211.\n\nFor 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 3302 on what constitutes a holder in due course.","path":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-4211","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"101c4cae447d5a7016e012e5848288e75f9bbfc5719ec5c9549de2df47546d36","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.4210","next":"us-mi/mich.-comp.-laws-440.4212"},"notice":"GroundRules: Original legal text. Not legal advice."}