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Title XXVI TRADE AND COMMERCE

Chapter 400

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  400.4-211.  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 it has a security interest in an item, if the bank otherwise complies with the requirements of Section 400.3-302 on what constitutes a holder in due course.

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(L. 1992 S.B. 448)


---- end of effective   28 Aug 1992 ----

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