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Can you summarize NHRS 382-A:4-211?

UNIFORM COMMERCIAL CODE > When Bank Gives Value for Purposes of Holder in Due Course.

Short Summary

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 3-302 on what constitutes a holder in due course. Source. 1993, 346:1, eff. Jan. 1, 1994.

Jurisdiction

New Hampshire

Source
NHRS 382-A:4-211 [https://reggi.cloud.regology.com/regulations/US-NHRS/US-NHRS_T_XXXIV-A_C_382-A_S_4-211]