· 12/11/1991
Chicago Title Insurance v. California Canadian Bank
Citations
- 1 Cal. App. 4th 798
- 2 Cal. Rptr. 2d 422
- 91 Daily Journal DAR 15218
- 16 U.C.C. Rep. Serv. 2d (West) 445
- 1991 Cal. App. LEXIS 1412
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- the payor bank “may be held strictly liable for its failure to return the checks by the applicable deadlines, regardless of whether the [depositary bank] demonstrated it suffered actual damage solely as a result of the [payor bank’s] omission”
- “[S]eetion 4-302 creates a liability independent of negligence....”
Source: CourtListener parenthetical corpus (CC0).
Judges: Peterson
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.