American Heritage Banco, Inc. v. McNaughton

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that “it may be that McNaughton, as the majority shareholder, president, chairman of the board, and CEO, was both principal and agent and his knowledge should be imputed to FNBF even though he was acting adverse to FNBF’s interests”
• affirming the trial court's decision to dismiss a claim of actual fraud based on a broken promise
• “We may not read into a statute that which is not the expressed intent of the legislature.”
• exception to the general rule of imputed knowledge when an agent acts adversely to the principal
• statements of intent were not actionable misrepresentations

Source: CourtListener parenthetical corpus (CC0).