Statutes > Wisconsin Statutes > Chapter 404. Uniform commercial code--bank deposits and collections. > 404.211 When bank gives value for purposes of holder in due course.

404.211 When bank gives value for purposes of holder in due course.

404.211

404.211 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 that it has a security interest in an item, if the bank otherwise complies with s. 403.302 on what constitutes a holder in due course.

404.211 - ANNOT.

History: 1995 a. 449 s. 49; Stats. 1995 s. 404.211.