When Bank Gives Value for Purposes of Holder in Due Course.

1. Law
2. Wyoming Statutes
3. Uniform Commercial Code
4. Bank Deposits and Collections
5. Collection of Items: Depositary and Collecting Banks
6. When Bank Gives Value for Purposes of Holder in Due Course.

34.1-4-211. 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 34.1-3-302 on what constitutes a holder in due course.

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