Louisiana Statutes
§ 10:4-211 — When bank gives value for purposes of holder in due course
Louisiana·Title 10 Commercial Laws
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 R.S. 10:3-302 on what constitutes a holder in due course.
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Louisiana § 10:4-211 (When bank gives value for purposes of holder in due course) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1992, No. 1133, §4, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
Nearby Sections
15
§ 10:4-101
§ 10:4-101§ 10:4-102
Applicability§ 10:4-104
Definitions and index of definitions§ 10:4-105
"Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank"§ 10:4-107
Separate office of bank§ 10:4-108
Time of receipt of items§ 10:4-109
Delays§ 10:4-110
Electronic presentment§ 10:4-111
Prescription§ 10:4-201
§ 10:4-201§ 10:4-203
Effect of instructions