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2015 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 074 - Bank Deposits and Collections
Section 74.2110 - Bank as holder in due course.

OR Rev Stat § 74.2110 (2015) What's This?

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 ORS 73.0302 on what constitutes a holder in due course.

[1961 c.726 §74.2110; 1993 c.545 §94]

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