Nebraska Uniform Commercial Code 4-211
- Uniform Commercial Code
- 4-211
UCC 4-211
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 3-302 on what constitutes a holder in due course.
Source
- Laws 1963, c. 544, Art. IV, § 4-211, p. 1822;
- Laws 1991, LB 161, § 93.