2019 West Virginia Code
Chapter 46. Uniform Commercial Code
Article 4. Bank Deposits and Collections
§46-4-211. When Bank Gives Value for Purposes of Holder in Due Course

Universal Citation: WV Code § 46-4-211 (2019)

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 on what constitutes a holder in due course.

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