Iowa Code § 554.4211
When bank gives value for purposes of holder in due course
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
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 554.3302 on what constitutes a 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 554.3302 on what constitutes a holder in due course.
94 Acts, ch 1167, §96, 120, 122
94 Acts, ch 1167, §96, 120, 122
C95, §554.4211
C95, §554.4211
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.