(4-211) When bank gives value for purposes of holder in due course
N.D. Cent. Code § 41-04-23
in effect41-04-23. (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, provided the bank otherwise complies with the
requirements of section 41-03-28.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c04.pdf#nameddest=41-04-23Fetched: 10/16/2026
