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Iowa Code § 554.4211

When bank gives value for purposes of holder in due course

Iowa · Iowa Code Chapter 554 — Uniform Commercial Code · Status: effective

Banking, Finance & Insurance
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Iowa Code § 554.4211, When bank gives value for purposes of holder in due course, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2272308
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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 554.3302 on what constitutes a holder in due course.