Statutes, codes, and regulations
Nevada Revised Statutes
Title 8 - COMMERCIAL INSTRUMENTS AND TRANSACTIONSChapter 104 - UNIFORM COMMERCIAL CODE - ORIGINAL ARTICLESArticle 4 - BANK DEPOSITS AND COLLECTIONS
Part 2 - COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
Section 104.4211 - When bank gives value for purposes of holder in due course

Nev. Rev. Stat. § 104.4211

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 104.4211 - 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 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.

NRS 104.4211

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