Sec. 45.04.211. When bank gives value for purposes of holder in due course.

AK Stat § 45.04.211 (2019) (N/A)
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To determine 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 AS 45.03.302 on what constitutes a holder in due course.