· 7/18/1980
The Union Bank of Benton, Arkansas v. The First National Bank in Mt. Pleasant, Texas
Citations
- 621 F.2d 790
- 29 U.C.C. Rep. Serv. (West) 598
- 1980 U.S. App. LEXIS 15587
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- failure of payor to timely pay or return items mandates strict liability for the face amount of any late items
- payor bank could not assert breach of presentment warranty against collecting bank
Source: CourtListener parenthetical corpus (CC0).
Judges: Rubin, Politz, Smith
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.