Tennessee Statutes
§ 47-4-211 — When bank gives value for purposes of holder in due course
Tennessee·Title 47
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 § 47-3-302 on what constitutes a holder in due course.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 47-4-211 (When bank gives value for purposes of holder in due course) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
McConnico v. Third National Bank in Nashville
499 S.W.2d 874 (Tennessee Supreme Court, 1973)
Legislative History
Acts 1963, ch. 81, § 1 (4-209); T.C.A. §47-4-209; Acts 1995, ch. 397, § 3.
Nearby Sections
15
§ 47-1-101
Short title§ 47-1-102
Scope of chapter§ 47-1-104
Construction against implied repeal§ 47-1-105
Severability§ 47-1-106
Use of singular and plural - Gender§ 47-1-201
General definitions§ 47-1-202
Notice - Knowledge§ 47-1-204
Value§ 47-1-205
Reasonable time - Seasonableness§ 47-1-206
Presumptions§ 47-1-302
Variation by agreement