Statutes, codes, and regulations
Alaska Statutes
Title 45 - TRADE AND COMMERCEChapter 45.04 - BANK DEPOSITS AND COLLECTIONS
Article 02 - COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
Section 45.04.211 - When bank gives value for purposes of holder in due course

Alaska Stat. § 45.04.211

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Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Section 45.04.211 - When bank gives value for purposes of holder in due course

To determine 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 AS 45.03.302 on what constitutes a holder in due course.

AS 45.04.211