§ 57a-4-211

57A-4-211. 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 it has a security interest in an item, if the bank otherwise complies with the requirements of §57A-3-302 on what constitutes a holder in due course. Source: SL 1994, ch 368, §4-211.