Pennsylvania § 4211 - When bank gives value for purposes of holder in due course.

Full text of Pennsylvania Pennsylvania Consolidated Statutes § 4211 — When bank gives value for purposes of holder in due course., with citation guidance and answers to common questions.

§ 4211. 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 section 3302 (relating to holder in due course).

(July 9, 1992, P.L.507, No.97, eff. one year)

1992 Amendment. Act 97 deleted section 4211 by amendment and renumbered section 4209 to section 4211.

Cross References. Section 4211 is referred to in section 5102 of this title.

Source: official Pennsylvania text · Last verified 2026-08-27

Frequently Asked Questions About Pennsylvania § 4211

What does Pennsylvania Consolidated Statutes § 4211 cover?

Section 4211 ("When bank gives value for purposes of holder in due course.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Pennsylvania § 4211?

A common citation format is "Pennsylvania Consolidated Statutes § 4211" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Pennsylvania law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.

How does Pennsylvania § 4211 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.