Statutes, codes, and regulations
Kentucky Revised Statutes
Title 29 - COMMERCE AND TRADEChapter 355 - UNIFORM COMMERCIAL CODEArticle 355.4 - BANK DEPOSITS AND COLLECTIONS
Part 2 - COLLECTION OF ITEMS:
Section 355.4-211 - When bank gives value for purposes of holder in due course

Ky. Rev. Stat. § 355.4-211

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Current through 2024 Ky. Acts ch. 225
Section 355.4-211 - 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 KRS 355.3-302 on what constitutes a holder in due course.

KRS 355.4-211

Effective:1/1/1997
Repealed, reenacted, renumbered as KRS 355.4-211, and amended 1996, Ky. Acts ch. 130, sec. 93, effective1/1/1997. -- Created 1958 Ky. Acts ch. 77, sec. 4-209, effective 7/1/1960.
History for former KRS 355.4-211: Repealed, reenacted, and renumbered as KRS 355.4-213, 1996, Ky. Acts ch. 130, sec. 95, effective1/1/1997. -- Created 1958 Ky. Acts ch. 77, sec. 4-211, effective 7/1/1960.