McDowell v. Dallas Teachers Credit Union

LaGARDE, Justice.

Appellants, Jerry and Peggy McDowell, appeal from a take nothing judgment in favor of appellee, Dallas Teacher’s Credit Union (D.T.C.U.). We hold.that, under the admitted facts of this record, D.T.C.U. is liable to the McDowells for amounts paid on forged share drafts. 1 We reverse and render.

In the trial below, the McDowells alleged that D.T.C.U. breached its duties under the Texas Business and Commerce Code by paying forged share drafts, charging the share drafts against the McDowells’ account, and then refusing to reimburse the McDowells for those payments. In six points…