Minn. Stat. § 336.4-211

Current through Register Vol. 49, No. 8, August 19, 2024
Section 336.4-211 - 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 336.3-302 on what constitutes a holder in due course.

Minn. Stat. § 336.4-211

1965 c 811 s 336.4-209; 1992 c 565 s 93