Indiana Statutes
§ 26-1-4-211 — 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 IC 26-1-3.1-302 on what constitutes a holder in due
course.
Formerly: Acts 1963, c.317, s.4-211. As amended by
P.L.222-1993, SEC.27.
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Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
Severability