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2013 Maryland Code
COMMERCIAL LAW
§ 4-211 - When bank gives value for purposes of holder in due course


MD Comm L Code § 4-211 (2013) What's This?

§4-211.

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 the requirements of § 3-302 on what constitutes a holder in due course.

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