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· 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 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.