Section 7-4-211 When Bank Gives Value for Purposes of Holder in Due Course.
A bank is treated as having given value, for holder-in-due-course purposes, to the extent it has a security interest in an item, if it also meets Section 7-3-302 requirements.
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- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.
banking holder in due course
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Section 7-4-211 When Bank Gives Value for Purposes of Holder in Due Course.
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