Ariz. Rev. Stat. § 47-4211

Current through L. 2024, ch. 259

Section 47-4211 - 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 47-3302 on what constitutes a holder in due course.

A.R.S. § 47-4211