Alaska Statutes: AS 45.04.211. When Bank Gives Value For Purposes of Holder in Due Course.

Alaska Statutes. Title 45. Trade and Commerce Chapter 4. Bank Deposits and Collections Section 211. When Bank Gives Value For Purposes of Holder in Due Course.

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AS 45.04.211. When Bank Gives Value For Purposes of Holder in Due Course.

To determine 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 AS 45.03.302 on what constitutes a holder in due course.

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