Idaho Statutes

§ 28-4-211 — WHEN BANK GIVES VALUE FOR PURPOSES OF HOLDER IN DUE COURSE

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 2. COLLECTION OF ITEMS — DEPOSITARY AND COLLECTING BANKS·Ch. 4 UNIFORM COMMERCIAL CODE — BANK DEPOSITS AND COLLECTIONS
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 28-3-302 on what constitutes a holder in due course.

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Idaho § 28-4-211 (WHEN BANK GIVES VALUE FOR PURPOSES OF HOLDER IN DUE COURSE) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Idah-Best, Inc. v. First Security Bank of Idaho, N.A.
584 P.2d 1242 (Idaho Supreme Court, 1978)
51 case citations

Legislative History

[(28-4-211) 1967, ch. 161, sec. 4-209, p. 351; am. and redesig. 1993, ch. 288, sec. 26, p. 1063.]

Nearby Sections

15
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