Southside National Bank v. Hepp

ROBERTSON, Judge.

Southside National Bank brought an action to recover funds paid by cashier’s check purchased with funds withdrawn from an account of Mr. and Mrs. Hepp in which there were insufficient funds. The trial court sustained the bank’s summary judgment motion. The Court of Appeals, Eastern District, reversed and remanded. We granted transfer to consider the extent of a bank’s rights to charge back its customers’ accounts for items placed in deposit and subsequently dishonored by payor banks under Section 400.4-212, RSMo 1986. Our jurisdiction is founded on Mo. Const, art. V, sec. 10.…