{"data":{"id":"us-mo/mo.-rev.-stat.-400.1-204","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.1-204","heading":"Value.","body":"Except as otherwise provided in articles 3, 4, and 5, a person gives value for rights if the person acquires them:\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(2) as security for, or in total or partial satisfaction of, a preexisting claim;\n(3) by accepting delivery under a preexisting contract for purchase; or\n(4) in return for any consideration sufficient to support a simple contract.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.1-204","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"da5a90b3f714c74ece171bdcd2a401635d374d5eecf01fc42930ad2099df58b3","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.1-203","next":"us-mo/mo.-rev.-stat.-400.1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}