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Section 4-211 - When Bank Gives Value for Purposes of Holder in Due Course

MA Gen L ch 4 § 4-211 (2019) (N/A)
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Section 4-211. 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.