13 Pa. C.S. § 4211

Current through Pa Acts 2024-53, 2024-56 through 2024-111

Section 4211 - 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 3302 (relating to holder in due course).

13 Pa.C.S. § 4211

1979, Nov. 1, P.L. 255, No. 86, § 1, effective 1/1/1980. Renumbered from § 4209 and amended 1992, July 9, P.L. 507, No. 97, § 12, effective in one year.