Neb. U.C.C. § 4-211

Current with changes through the 2024 First Special Legislative Session
Section 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 3-302 on what constitutes a holder in due course.

Neb. U.C.C. § 4-211

Laws 1963, c. 544, Art. IV, § 4-211, p. 1822; Laws 1991, LB 161, § 93.