Title 104 · NRS Chapter 104
When bank gives value for purposes of holder in due course.
Citation: NRS 104.4211
Section: 104.104.4211
NRS
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.
(Added to NRS by 1965, 846 ; A 1993, 1306 )