{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-4-209","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 4-209","heading":"When Bank Gives Value for Purposes of Holder in Due Course","body":"Section 4--209. When Bank Gives Value for Purposes of Holder in Due\n                  Course.\n  For purposes of determining its status as a holder in due course, the\nbank has given value to the extent that it has a security interest in an\nitem provided that the bank otherwise complies with the requirements of\nSection 3--302 on what constitutes a holder in due course.","path":["Uniform Commercial Code Law","Article 4. Bank Deposits and Collections","Part 2. Collection of Items: Depositary and Collecting Banks"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/4-209","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"00d44d81d66c1b9f4698de470abe931c6b0aedf535a71751224991874159e679","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-4-208","next":"us-ny/n.y.-uniform-commercial-code-law-4-210"},"notice":"GroundRules: Original legal text. Not legal advice."}