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· 10/18/1984

State and Savings Bank of Monticello v. Meeker

Citations

  • 469 N.E.2d 55
  • 39 U.C.C. Rep. Serv. (West) 1391
  • 1984 Ind. App. LEXIS 2991

How courts have described this case

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

  • “An issue of material fact must be resolved to determine if, and to what extent, [the payee’s] damages have been mitigated.”
  • difficulty in ascertaining the balance in a customer’s account is not a condition beyond the control of the payor bank
  • “If banks were allowed to retain instru- ■ ments beyond the time specified in the U.C.C. and avoid liability on equitable grounds, finality and certainty would not exist in the business world.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Ratliff, Neal, Robertson

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.