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Home / Opinion Digests / Banks & Banking – Certificates Of Deposit – Payout – Presentment (access required)

Banks & Banking – Certificates Of Deposit – Payout – Presentment (access required)

A bank cannot rebut a customers’ claim for payment based upon presentment of three CDs purchased in 1995 and discovered in a home safe in 2008, by claiming the customers’ teenage son must have cashed in the CDs, and plaintiff customers win summary judgment on their claims for breach of contract and conversion by defendant ...