{"code":"COM","codeName":"Commercial Code","section":"4211","citation":"Com. Code, § 4211","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 4. BANK DEPOSITS AND COLLECTIONS [4101. - 4504.]","url":"https://blackletter.si/commercial-code/division-4"},{"name":"CHAPTER 2. Collection of Items: Depositary and Collecting Banks [4201. - 4216.]","url":"https://blackletter.si/commercial-code/division-4/chapter-2"}],"history":"Added by renumbering Section 4209 by Stats. 1992, Ch. 914, Sec. 30.   Effective January 1, 1993.","effective":"1993-01-01","html":"<p>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 <a href=\"/com/3302\">3302</a> on what constitutes a holder in due course.</p>","text":"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 3302 on what constitutes a holder in due course.","otherVersions":[],"url":"https://blackletter.si/commercial-code/collection-of-items-depositary-and-collecting-banks-4211","source":"California Legislative Information bulk export (pubinfo)"}