Kan. Stat. § 84-4-211

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4

Section 84-4-211 - 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 K.S.A. 84-3-302 on what constitutes a holder in due course.

K.S.A. 84-4-211

L. 1965, ch. 564, § 218; L. 1991, ch. 296, § 92; 2/1/1992.