Section 404.211. When bank gives value for purposes of holder in due course.

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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 s. 403.302 on what constitutes a holder in due course.

1995 a. 449 s. 49 ; Stats. 1995 s. 404.211.

                    
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