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· 12/12/1983

Douglass v. Wones

Citations

  • 458 N.E.2d 514
  • 120 Ill. App. 3d 36
  • 76 Ill. Dec. 114
  • 37 U.C.C. Rep. Serv. (West) 1606
  • 1983 Ill. App. LEXIS 2575

How courts have described this case

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

  • a banking institution “is required to hold the proceeds of the instrument subject to the order of the drawer, and not the presenter, and [the bank] generally cannot be a holder in due course as against the drawer”

Source: CourtListener parenthetical corpus (CC0).

Judges: Hopf

Read full opinion on CourtListener

Sourced 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.