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2012 Utah Code
Title 70A - Uniform Commercial Code
Article 4 - Uniform Commercial Code - Bank Deposits and Collections
Section 211 - When bank gives value for purposes of holder in due course.
Universal Citation:
UT Code ยง 70A-4-211 (2012)
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70A-4-211. 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 that it has a security interest in an item if the bank otherwise complies with the requirements of Section 70A-3-302 on what constitutes a holder in due course.
Repealed and Re-enacted by Chapter 237, 1993 General Session
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