Legal Opinion
National Title Insurance Corp. Agency v. First Union National Bank
Supreme Court of Virginia
Decided March 1, 2002No. Record 010346PublishedCited by 14 opinions
1Opinion of the CourtJustice Kinser
Pursuant to the provisions of Code § 8.4-406(f), a bank’s customer is precluded from asserting against the bank an unauthorized signature or alteration on an item if the customer fails to report such fact to the bank within one year after a statement of account showing payment of the item is made available to the customer. The dispositive issue in this appeal is whether a bank and its customer may, by contractual agreement, shorten the one-year period provided in Code § 8.4-406(f). Because we conclude that Code § 8.4-103(a) permits the parties to vary that time period, we will affirm the…
2Cases cited11 opinions
- Halifax Corp. v. First Union National BankSupreme Court of Virginia · 2001
- American Airlines Employees Federal Credit Union v. MartinTexas Supreme Court · 2000
- Brighton, Inc. v. Colonial First Nat'l BankNew Jersey Superior Court Appellate Division · 1980
- Brighton, Inc. v. Colonial First National BankSupreme Court of New Jersey · 1981
- Parent Teacher Ass'n v. Manufacturers Hanover Trust Co.Civil Court of the City of New York · 1988
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Federal Deposit Insurance Corp. v. LenkTexas Supreme Court · 2012
- Lema v. Bank of America, N.A.Court of Appeals of Maryland · 2003
- Peters v. Riggs National Bank, N.A.District of Columbia Court of Appeals · 2008
- Freese v. Regions Bank, N.A.Court of Appeals of Georgia · 2007
- Lema v. Bank of AmericaCourt of Appeals of Maryland · 2003
9 more not listed; retrieve them via the Exa API.