South Carolina Statutes
§ 36-4-211 — 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, if the bank otherwise complies with the requirements of Section 36-3-302 on what constitutes a holder in due course.
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South Carolina § 36-4-211 (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
HISTORY: 1962 Code SECTION 10.4-211; 1966 (54) 2716; 2008 Act No. 204, SECTION 3, eff July 1, 2008.
Nearby Sections
15
§ 36-4-101
Short title.§ 36-4-104
Definitions and index of definitions.§ 36-4-105
Definitions of types of banks.§ 36-4-107
Separate office of bank.§ 36-4-108
Time of receipt of items.§ 36-4-109
Delays.§ 36-4-110
Electronic presentment.§ 36-4-111
Statute of limitations.§ 36-4-203
Effect of instructions.