When bank gives value for purposes of holder in due course
9A V.S.A. § 4—211
in effect4—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 of this title on what constitutes a holder in due course.
Added 1993, No. 158 (Adj. Sess.), § 13, eff. Jan. 1, 1995.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/09A/004/00211Fetched: 10/21/2026
