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§ 6a-4-211 — Rhode Island Law | CourtGPT
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  4. Title 6a - Uniform Commercial Code/
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  6. Part 2 - Collection of Items: Depositary and Collecting Banks/
  7. § 6a-4-211
Rhode Island Legal Code

§ 6a-4-211

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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 § 6A-3-302 on what constitutes a holder in due course. History of Section.P.L. 2000, ch. 238, § 4; P.L. 2000, ch. 421, § 4.