N.M. Stat. § 55-4-211

When bank gives value for purposes of holder in due

Last amended: 1992Year: 2026Length: 50 wordsOfficial source
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 55-3-302 NMSA 1978 on what constitutes a holder in due course.
N.M. Stat. § 55-4-211: When bank gives value for purposes of holder in due | Justis AI