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2018 Indiana Code
TITLE 26. Commercial Law
ARTICLE 1. UNIFORM COMMERCIAL CODE
CHAPTER 4. Bank Deposits and Collections
26-1-4-211. When bank gives value for purposes of holder in due course
Universal Citation: IN Code § 26-1-4-211 (2018)
IC 26-1-4-211 When bank gives value for purposes of holder in due course
Sec. 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 IC 26-1-3.1-302 on what constitutes a holder in due course.
Formerly: Acts 1963, c.317, s.4-211. As amended by P.L.222-1993, SEC.27.
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