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Countermanded Checks And Fair Dealing Under The Uniform Commercial Code, William Tabac
Countermanded Checks And Fair Dealing Under The Uniform Commercial Code, William Tabac
Law Faculty Articles and Essays
This article evaluates the potential effect of this tort on the bank andits customer where the improper payment is an indisputable binding stop payment order. Part I examines a bank's duty to properly pay checks.Part II describes the bank's reimbursement rights. Part III examines the breach of covenant of good faith tort. Part IV analyzes liability under the Code. Part V argues that banks must promptly recredit customers' accounts when banks improperly pay over binding stop payment orders. The article concludes that upon being notified that it has overlooked a binding stop payment order, a bank must promptly recredit the …
The Unbearable Lightness Of Title Under The Uniform Commercial Code, William Tabac
The Unbearable Lightness Of Title Under The Uniform Commercial Code, William Tabac
Law Faculty Articles and Essays
This Article will offer the heresy that the transactions in goods that the Code regulates are still firmly grounded on ownership principles and that these principles must be reckoned with to fulfill the Code's design. It is therefore important first to identify the various property interests in goods that one can obtain under the Code and determine how the Code ties these interests to title.