Statutes > Rhode Island Statutes > Title 6A - Uniform Commercial Code > CHAPTER 6A-4 - Bank Deposits And Collections > § 6A-4-211 - When bank gives value for purposes of holder in due course.

§ 6A-4-211 - When bank gives value for purposes of holder in due course.

SECTION 6A-4-211

   § 6A-4-211  When bank gives value forpurposes of holder in due course. – For purposes of determining its status as a holder in due course, a bank hasgiven value to the extent it has a security interest in an item, if the bankotherwise complies with the requirements of § 6A-3-302 on what constitutesa holder in due course.