Me. Stat. tit. 11 § 4-209

Current through 131st (2023-2024) Legislature Chapter 684

Section 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 section 3-1302 on what constitutes a holder in due course. [1993, c. 293, Pt. B, §29(AMD).]

11 M.R.S. § 4-209

1993, c. 293, §B29 (AMD) .