Vt. Stat. tit. 9A § 4-211

Current through L. 2024, c. 185.

Section 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 3-302 of this title on what constitutes a holder in due course.

9A V.S.A. § 4-211

Added 1993, No. 158 (Adj. Sess.), § 13, eff. 1/1/1995.