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§ 4211. When bank gives value for purposes of holder in due course

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial Code

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 13 Pa.C.S.A. Commercial Code (Refs & Annos)
Division 4. Bank Deposits and Collections (Refs & Annos)
Chapter 42. Collection of Items: Depositary and Collecting Banks
13 Pa.C.S.A. § 4211
§ 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).

Credits

1979, Nov. 1, P.L. 255, No. 86, § 1, effective Jan. 1, 1980. Amended 1992, July 9, P.L. 507, No. 97, § 12, effective in one year.
13 Pa.C.S.A. § 4211, PA ST 13 Pa.C.S.A. § 4211
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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