General Insurance Co. of America v. Commerce Bank of St. Charles

How courts have described this case

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

• noting that “a bank may not be found to possess ‘actual knowledge’ of a breach of trust because at some stage of the handling of the fiduciary account it could . . . become aware of a breach of trust”
• “The facts and circumstances must be so cogent and obvious that to remain passive would amount to a deliberate desire to evade knowledge because of a belief or fear that inquiry would disclose a defect in the transaction.”

Source: CourtListener parenthetical corpus (CC0).