Tonyan Construction Co. v. McHenry State Bank (In Re Tonyan Construction Co.)

How courts have described this case

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

• “Ordinarily, where a party deposits funds in a bank, the funds become the property of the bank and the bank becomes the debtor of the depositor. In such a case, there is mutuality of obligation, out of which the bank’s right of setoff arises.”
• “Tonyan addressed the 1997 language of Section 21.02....”

Source: CourtListener parenthetical corpus (CC0).