When bank gives value for purposes of holder in due course.

S.C. Code Ann. § 36-4-211
in effect
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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 36-3-302 on what constitutes a holder in due course.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t36c004.phpFetched: 10/17/2026
S.C. Code Ann. § 36-4-211 — When bank gives value for purposes of holder in due course | Code of Laws of South Carolina (Aug. 2026 snapshot) | Corpus