Section 382-A:4-211 When Bank Gives Value for Purposes of Holder in Due Course. - New Hampshire Statutes

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 on what constitutes a holder in due course.

Source. 1993, 346:1, eff. Jan. 1, 1994.