Pennsylvania § 4211 When bank gives value for purposes of holder in due course

Pennsylvania Statutes

§ 4211 — When bank gives value for purposes of holder in due course

Pennsylvania § 4211

Title 13COMMERCIAL CODE

Ch. 42COLLECTION OF ITEMS: DEPOSITARY

This text of Pennsylvania § 4211 (When bank gives value for purposes of holder in due course) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

13 Pa. Cons. Stat. § 4211 (2026).

Text

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 3302 (relating to holder in due course).

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Legislative History

(July 9, 1992, P.L.507, No.97, eff. one year) 1992 Amendment.Act 97 deleted section 4211 by amendment and renumbered section 4209 to section 4211. Cross References.Section 4211 is referred to in section 5102 of this title.