Utah Code § 70A-4-211

Current through the 2024 Fourth Special Session

Section 70A-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 that it has a security interest in an item if the bank otherwise complies with the requirements of Section 70A-3-302 on what constitutes a holder in due course.

Utah Code § 70A-4-211

Repealed and Re-enacted by Chapter 237, 1993 General Session