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§ 4 211 — 4 211 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

4 211

U.S. Virgin Islands § 4 211 — U.S. Virgin Islands law

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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 Section 3–302 on what constitutes a holder in due course.