New Mexico Statutes

§ 55-4-211 — When bank gives value for purposes of holder in due

New Mexico § 55-4-211
JurisdictionNew Mexico
Ch. 55Uniform Commercial Code
Art. 4Bank Deposits and Collections

This text of New Mexico § 55-4-211 (When bank gives value for purposes of holder in due) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 55-4-211 (2026).

Text

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, if the bank otherwise complies with the requirements of Section 55-3-302 NMSA 1978 on what constitutes a holder in due course.

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Legislative History

1953 Comp., § 50A-4-209, enacted by Laws 1961, ch. 96, § 4-209; 1978

Nearby Sections

15
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Bluebook (online)
New Mexico § 55-4-211, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-4-211.