West Virginia Statutes

§ 46-4-211 — When bank gives value for purposes of holder in due course

West Virginia·Ch. 46 UNIFORM COMMERCIAL CODE·Art. 4 BANK DEPOSITS AND COLLECTIONS
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 3-302 on what constitutes a holder in due course.

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West Virginia § 46-4-211 (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

1993 Reg. Sess., HB2494

Nearby Sections

15
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