674.2111 When bank gives value for purposes of holder in due course. - Florida Statutes

674.2111 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 s. 673.3021 on what constitutes a holder in due course.

History. s. 1, ch. 65-254; s. 29, ch. 92-82.

Note. s. 4-209, U.C.C.; supersedes s. 674.30; former s. 674.209.