810 ILCS 5/4-211
Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
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 3-302 on what constitutes a holder in due course.
810 ILCS 5/4-211