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Section 34.1-4-211 - When Bank Gives Value for Purposes of Holder in Due Course.

WY Stat § 34.1-4-211 (2019) (N/A)
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34.1-4-211. 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 34.1-3-302 on what constitutes a holder in due course.

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Section 34.1-4-210 - Security Interest of Collecting Bank in Items Accompanying Documents and Proceeds.
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Section 34.1-4-212 - Presentment by Notice of Item Not Payable By, Through, or at a Bank; Liability of Drawer or Indorser.