New Jersey Statutes
§ 12A:4-211 — When bank gives value for purposes of holder in due course
New Jersey·Title 12A COMMERCIAL TRANSACTIONS
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 12A:3-302 on what constitutes a holder in due course. L.1995,c.28,s.2.
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Nearby Sections
15
§ 12A:4-101
Short title§ 12A:4-102
Applicability§ 12A:4-104
Definitions and index of definitions.§ 12A:4-105
"Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank"§ 12A:4-107
Separate office of bank§ 12A:4-108
Time of receipt of items§ 12A:4-109
Delays§ 12A:4-110
Electronic presentment§ 12A:4-111
Statute of limitations§ 12A:4-203
Effect of instructions