There is a newer version
of
this Section
2017 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 42 - Collection of Items: Depositary and Collecting Banks
Section 4211 - When bank gives value for purposes of holder in due course
Universal Citation: 13 PA Cons Stat § 4211 (2017)
§ 4211. 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 3302 (relating to holder in due course). (July 9, 1992, P.L.507, No.97, eff. one year)
1992 Amendment. Act 97 deleted section 4211 by amendment and renumbered section 4209 to section 4211.
Cross References. Section 4211 is referred to in section 5102 of this title.
Disclaimer: These codes may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
