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

1. Law
2. Colorado Revised Statutes
3. Uniform Commercial Code
4. Bank Deposits and Collections
5. 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 4-3302 on what constitutes a holder in due course.

Source: L. 94: Entire article amended with relocations, p. 892, § 2, effective January 1, 1995.

Editor's note: This section is similar to former § 4-4-209 as it existed prior to 1994, and the former § 4-4-211 was relocated to § 4-4-213.

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