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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS
Chapter 4:
Section: 12A:4-211: 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 12A:3-302 on what constitutes a holder in due course.
L.1995,c.28,s.2.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 12a:4-211 (if available):
Court decisions that cite this statute:
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