Md. Code, Commercial Law § 4-211

Md. Code, Commercial Law § 4-211
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl&section=4-211&enactments=falseFetched: 10/16/2026

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