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2021 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1304 | Bank Deposits and Collections
Section 1304.21 | When Bank Gives Value for Purposes of Holder in Due Course - Ucc 4-211.
Universal Citation: Ohio Rev Code § 1304.21 (2021)
Effective: August 19, 1994
Latest Legislation: Senate Bill 147 - 120th General Assembly
For the 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 1303.32 of the Revised Code on what constitutes a holder in due course.
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