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2020 Oklahoma Statutes
Title 12A. Commercial Code
§12A-4-211. When Bank Gives Value for Purposes of Holder In Due Course.
Universal Citation: 12A OK Stat § 12A-4-211 (2020)
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 3-302 of this title on what constitutes a holder in due course.
Laws 1961, p. 126, § 4-211; Laws 1991, c. 117, § 115, eff. Jan. 1, 1992.
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