NRS104.4211. When bank gives value for purposes of holder in due course.

Latest version.

For purposes of determining its status as a holder in due course, a bank has given value to the extent that it has a security interest in an item if the bank otherwise complies with the requirements of NRS 104.3302 on what constitutes a holder in due course.

(Added to NRS by 1965, 846; A 1993, 1306)—(Substituted in revision for NRS 104.4209)

                    
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