Okla. Stat. tit. 12A § 4-211

Current through Laws 2024, c. 453.

Section 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 3-302 of this title on what constitutes a holder in due course.

Okla. Stat. tit. 12A, § 4-211

Laws 1961, p. 126, § 4-211; Amended by Laws 1991, SB 25, c. 117, § 115, eff. 1/1/1992.

Oklahoma Code Comment

None.