When bank gives value for purposes of holder in due course

Va. Code Ann. § 8.4-209, under Part 2. Collection of Items: Depositary and Collecting Banks..

Va. Code Ann. § 8.4-209

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 § 8.3A-302 on what constitutes a holder in due course.