Examlex
What change(s) is/are associated with the aging of the RBC?
Holder-In-Due-Course Status
is a legal status that protects a purchaser of debt when they acquire it for value, in good faith, and without notice of certain adverse claims or potential defenses.
Recover
The process of regaining possession or control of something lost or stolen, or obtaining compensation for a loss.
Holder In Due Course
A party who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims.
Issuer
An entity that develops, registers, and sells securities for the purpose of financing its operations.
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