Utah Statutes

§ 70A-4-211 — When bank gives value for purposes of holder in due course.

Utah·Title 70A Uniform Commercial Code·Ch. 70A-4 Uniform Commercial Code - Bank Deposits and Collections·Part 70A-4-2 Collection of Items - Depositary and Collecting Banks
For purposes of determining its status as a holder in due course, a bank has given value to the extent that it has a security interest in an item if the bank otherwise complies with the requirements of Section 70A-3-302 on what constitutes a holder in due course.

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Utah § 70A-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

Repealed and Re-enacted by Chapter 237, 1993 General Session

Nearby Sections

15
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