Alabama Statutes
§ 7-4-211 — When Bank Gives Value for Purposes of Holder in Due Course
Alabama § 7-4-211
JurisdictionAlabama
Title 7Commercial Code
Art. 4Bank Deposits and Collections
Part 2Collection of Items: Depositary and Collecting Banks
This text of Alabama § 7-4-211 (When Bank Gives Value for Purposes of Holder in Due Course) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 7-4-211 (2026).
Text
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 7-3-302 on what constitutes a holder in due course.
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Legislative History
(Acts 1995, No. 95-668, p. 1381, §2.)
Nearby Sections
15
§ 7-1-101
Short Titles§ 7-1-102
Scope of Article§ 7-1-104
Construction Against Implied Repeal§ 7-1-105
Severability§ 7-1-106
Use of Singular and Plural; Gender§ 7-1-107
Section Captions§ 7-1-109
Section Captions§ 7-1-201
General Definitions§ 7-1-202
Notice; Knowledge§ 7-1-204
Value§ 7-1-205
Reasonable Time; Seasonableness§ 7-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Alabama § 7-4-211, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/7-4-211.