Would a bank be liable to a customer who indorsed a check For deposit only into account

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Would a bank be liable to a customer who indorsed a check “For deposit only

into account #071698570” if that check were deposited into the wrong

account? What if the customer’s indorsement was “For deposit only”? Would

any account qualify? Would any bank qualify? [Qatar v First American Bank of

Virginia, 885 F Supp 849 (ED Va)]

662 Part 4 Negotiable Instruments

AppendixLO1

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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