California Statutes

§ 4211. — 4211. (Added by renumbering Section 4209 by Stats. 1992, Ch. 914, Sec. 30.)

California·Code COM Commercial Code - COM·Div. 4. DIVISION 4. BANK DEPOSITS AND COLLECTIONS·Ch. 2. CHAPTER 2. Collection of Items: Depositary and Collecting Banks
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 3302 on what constitutes a holder in due course.

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California § 4211. (4211. (Added by renumbering Section 4209 by Stats. 1992, Ch. 914, Sec. 30.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Legislative History

Added by renumbering Section 4209 by Stats. 1992, Ch. 914, Sec. 30. Effective January 1, 1993.
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