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§ 57A-4-211 When bank gives value for purposes of holder in due course.

SD Codified L § 57A-4-211 (2019) (N/A)
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57A-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 § 57A-3-302 on what constitutes a holder in due course.

Source: SL 1994, ch 368, § 4-211.

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§ 57A-4-210 Security interest of collecting bank in items, accompanying documents, and proceeds.
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