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

WI Stat § 404.211 (2019) (N/A)
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404.211 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 that it has a security interest in an item, if the bank otherwise complies with s. 403.302 on what constitutes a holder in due course.

History: 1995 a. 449 s. 49; Stats. 1995 s. 404.211.

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404.210 Security interest of collecting bank in items, accompanying documents and proceeds.
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404.212 Presentment by notice of item not payable by, through or at a bank; liability of drawer or endorser.