{"data":{"id":"us-nc/n.c.-gen.-stat.-25-4-209","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-4-209","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 G.S. 25-3-302 on what constitutes a holder in due course. (1899, c. 733, s. 27; Rev., s. 2175; C.S., s. 3007; 1965, c. 700, s. 1; 1995, c. 232, s. 2.)","path":["Chapter 25. Uniform Commercial Code.","Article 4. Bank Deposits and Collections.","Part 2. Collection of Items: Depositary and Collecting Banks."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-4-209.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"0c9b5d80f31549f2dafba525976665114dad153fff6bd855c05772ff69fb58fa","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-4-208","next":"us-nc/n.c.-gen.-stat.-25-4-210"},"notice":"GroundRules: Original legal text. Not legal advice."}