Va. Code § 8.4-209

Current with changes from the 2024 legislative session through ch. 845

Section 8.4-209 - 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 § 8.3-302A on what constitutes a holder in due course.

Va. Code § 8.4-209

Code 1950, §§ 6-378, 6-379; 1964, c. 219; 1992, c. 693.

Amended by Acts 1992, § c. 693.

Amended by Acts 1964, § c. 219.