When bank gives value for purposes of holder in due course

Miss. Code Ann. § 75-4-211, under Collection of Items: Depositary and Collecting Banks.

Miss. Code Ann. § 75-4-211

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 75-3-302 on what constitutes a holder in due course.