WHEN BANK GIVES VALUE FOR PURPOSES OF HOLDER IN DUE COURSE.

Tex. BUS. & COM Code § 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 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.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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