Haw. Rev. Stat. § 490:4-211

Current through the 2024 Legislative Session

Section 490:4-211 - 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 490:3-302 on what constitutes a holder in due course.

HRS § 490:4-211

L 1965, c 208, § 4-209; HRS § 490:4-209; am and ren L 1991, c 118, pt of §4