When bank gives value for purposes of holder in due course.
Utah Code § 70A-4-211
in effect70A-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 that it has a security interest in an item if the bank otherwise complies with the requirements of Section 70A-3-302 on what constitutes a holder in due course.
Repealed and Re-enacted by Chapter 237, 1993 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title70A/Chapter4/70A-4-S211.html?v=C70A-4-S211_1800010118000101Fetched: 10/26/2026
