ยง490:4-211 - OLD REPEALED.
ยง490:4-211ย [OLD]ย REPEALED.ย L 1991, c
118, pt of ยง4.
ยง490:4-211ย When bank gives value for
purposes of holder in due course.ย 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.
[L 1965, c 208, ยง4-209; HRS ยง490:4-209; am and ren L 1991, c 118, pt of ยง4]