Bank of America National Trust & Savings Ass'n v. Bowden

Cole’s Check Service, Inc., originally named as a defendant 1 in this litigation, appealed from an order denying its motion to release from the levy of an attachment “all trust funds” deposited to its account at The Bank of Los Angeles at Westwood and at the Hollywood State Bank. 2 We. have concluded that defendant is correct in its contention that plaintiff’s position is that of a general creditor who under the pertinent statute is not permitted to reach such funds by attachment, and that the order should be reversed.

Defendant at the times here involved was a licensee under the provisions of…