State Codes and Statutes

Statutes > Georgia > Title-11 > Article-4 > Part-2 > 11-4-211

O.C.G.A. 11-4-211 (2010)
11-4-211. 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 Code Section 11-3-302 on what constitutes a holder in due course.

State Codes and Statutes

Statutes > Georgia > Title-11 > Article-4 > Part-2 > 11-4-211

O.C.G.A. 11-4-211 (2010)
11-4-211. 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 Code Section 11-3-302 on what constitutes a holder in due course.