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.

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Bluebook (online)
Montana § 30-4-209, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/4/30-4-209.