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Section 336.4-211 — When Bank Gives Value For Purposes Of Holder In Due Course.

MN Stat § 336.4-211 (2019) (N/A)
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336.4-211 MS 1990 [Renumbered 336.4-213] 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.

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

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Section 336.4-210 — Security Interest Of Collecting Bank In Items, Accompanying Documents, And Proceeds.
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Section 336.4-212 — Presentment By Notice Of Item Not Payable By, Through, Or At Bank; Liability Of Drawer Or Endorser.