1. In its opinion, the court pointed out that “the duty to act in good faith does not apply to lenders seeking payment on demand notes.” Why not?

2. If National City had demanded “payment of the line” instead of just indicating that there was a possibility it might do so in the future, would the outcome of this case have been any different? Explain.

Plaintiff appellant Reger Development, LLC is an Illinois Limited Liability Company involved in real estate development. Kevin Reger is Reger Development’s principal and sole member. Defendant-appellee National City Bank had lent money to Reger Development for several previous projects. In June 2007, National City offered the company a line of credit to fund potential development opportunities. Reger Development then executed the form contract, which was structured as a promissory note.