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336.4-211 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 336.3-302 on what constitutes a holder in due course.

HIST: 1965 c 811 s 336.4-209; 1992 c 565 s 93

Official Publication of the State of Minnesota
Revisor of Statutes