Massachusetts General Laws ch. 106 sec. 4-211 – When Bank Gives Value for Purposes of Holder in Due Course
Current as of: 2024 | Check for updates
|
Other versions
Section 4–211. 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 3–302 on what constitutes a holder in due course.