S.C. Code § 36-4-211

Current through 2024 Act No. 225.

Section 36-4-211 - 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 Section 36-3-302 on what constitutes a holder in due course.

S.C. Code § 36-4-211

2008 Act No. 204, Section 3, eff 7/1/2008; 1966 (54) 2716; 1962 Code Section 10.4-211.