Except as otherwise provided in chapters 41 -03, 41-04, 41-05, and 41 -12, a person gives value for rights if the person acquires the rights: 1. In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a chargeback is provided for in the event of difficulties in collection; 2. As security for, or in total or partial satisfaction of, a pre-existing claim; 3. By accepting delivery under a pre-existing contract for purchase; or 4. In return for any consideration sufficient to support a simple contract.
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