Statutes, codes, and regulations
Colorado Revised Statutes
Title 4 - UNIFORM COMMERCIAL CODEArticle 4 - BANK DEPOSITS AND COLLECTIONS
Part 2 - COLLECTION OF ITEMS - DEPOSITARY AND COLLECTING BANKS
Section 4-4-211 - When bank gives value for purposes of holder in due course

Colo. Rev. Stat. § 4-4-211

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Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 4-4-211 - 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 4-3-302 on what constitutes a holder in due course.

C.R.S. § 4-4-211

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

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 .