2023 Florida Statutes
< Back to Statute SearchTitle XXXIX COMMERCIAL RELATIONS
Chapter 674
UNIFORM COMMERCIAL CODE: BANK DEPOSITS AND COLLECTIONS
SECTION 2111When bank gives value for purposes of holder in due course.
674.2111 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 s. 673.3021 on what constitutes a holder in due course.
History.—s. 1, ch. 65-254; s. 29, ch. 92-82.
Note.—s. 4-209, U.C.C.; supersedes s. 674.30; former s. 674.209.