Montana Statutes
§ 30-4-209 — When Bank Gives Value For Purposes Of Holder In Due Course
Montana § 30-4-209
JurisdictionMontana
Title 30TRADE AND COMMERCE
Ch. 4UNIFORM COMMERCIAL CODE BANK DEPOSITS AND COLLECTIONS
Part 2Collection of Items Depositary and Collecting Banks
This text of Montana § 30-4-209 (When Bank Gives Value For Purposes Of Holder In Due Course) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 30-4-209 (2026).
Text
30-4-209 . 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, provided the bank otherwise complies with the requirements of 30-3-302 on what constitutes a holder in due course.
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Legislative History
En. Sec. 4-209, Ch. 264, L. 1963; R.C.M. 1947, 87A-4-209; amd. Sec. 174, Ch. 410, L. 1991.
Nearby Sections
15
§ 30-4-101
Short Title§ 30-4-102
Applicability§ 30-4-104
Definitions And Index Of Definitions§ 30-4-106
Separate Office Of A Bank§ 30-4-107
Time Of Receipt Of Items§ 30-4-108
Delays§ 30-4-109
Repealed§ 30-4-111
Truncation§ 30-4-112
Statute Of Limitations§ 30-4-203
Effect Of InstructionsCite This Page — Counsel Stack
Bluebook (online)
Montana § 30-4-209, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/4/30-4-209.