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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: CLICK HERE.