Vermont Statutes Title 9 Sec. 4-211
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Vermont Statutes Title 9 Sec. 4-211
§ 4—211. When bank gives value for purposes of holder in due course
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 of this title on what constitutes a holder in due course. (Added 1993, No. 158 (Adj. Sess.), § 13, eff. Jan. 1, 1995.)