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Statutes > Alaska Laws > Title 45 - TRADE AND COMMERCE > Chapter 45.04. - BANK DEPOSITS AND COLLECTIONS > Article 02 - COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS > Sec. 45.04.211. - When bank gives value for purposes of holder in due course.

STATE STATUTES & CODES

ALASKA STATUTES AND CODES

Sec. 45.04.211. - When bank gives value for purposes of holder in due course.

To determine 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 AS 45.03.302 on what constitutes a holder in due course.

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