§ 4–211
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 4-211 (2026)
Title 4. Bank Deposits and Collections
Subtitle 2. Collection of Items: Depositary and Collecting Banks
§ 4–211LinkCopy Citation
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 § 3-302 on what constitutes a holder in due course.