Montana Statutes
§ 30-4-209 — When Bank Gives Value For Purposes Of Holder In Due Course
Montana·Title 30 TRADE AND COMMERCE·Ch. 4 UNIFORM COMMERCIAL CODE BANK DEPOSITS AND COLLECTIONS·Part 2 Collection of Items Depositary and Collecting Banks
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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Montana § 30-4-209 (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
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Repealed§ 30-4-111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 Instructions