674.2111 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 s. 673.3021 on what constitutes a holder in due course.
History.—s. 1, ch. 65-254; s. 29, ch. 92-82.
Note.—s. 4-209, U.C.C.; supersedes s. 674.30; former s. 674.209.
Section: Previous 674.203 674.204 674.205 674.206 674.207 674.2081 674.2091 674.2101 674.2111 674.2121 674.2131 674.2141 674.215 674.216 NextLast modified: September 23, 2016