Castle Rock Bank v. Team Transit, LLC
Colorado Court of Appeals
1Opinion of the Court
Opinion by
Judge LOEB.
1 1 In this case brought to recover on two promissory notes, defendant, Michael L. Zin-na, appeals the judgment entered in favor of plaintiff, Castle Rock Bank (the Bank), after a trial to the court. Specifically, Zinna appeals the trial court's ruling that the Bank's action was timely filed under the applicable statute of limitations.
T2 As a matter of first impression, we conclude that the statute of limitations begins to run on a promissory note's maturity date where, as here, the note is to be repaid in installments, is not accelerated by the creditor, and provides…
2Cases cited17 opinions
- Newville v. State, Dept. of Family ServicesMontana Supreme Court · 1994
- Tivoli Ventures, Inc. v. BumannSupreme Court of Colorado · 1994
- Sterenbuch v. GossColorado Court of Appeals · 2011
- Lawry v. PalmColorado Court of Appeals · 2008
- Mortgage Investments Corp. v. Battle Mountain Corp.Supreme Court of Colorado · 2003
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3Cited by8 opinions
- Igou v. Bank of America, N.AColorado Court of Appeals · 2020
- Carson v. Ocwen Loan Servicing, LLCDistrict Court, D. Colorado · 2019
- Todd Creek Village Metropolitan District v. Valley Bank & Trust Co.Colorado Court of Appeals · 2013
- In re EastmanUnited States Bankruptcy Court, D. Colorado · 2018
- Samuel Bruce King and Thayne Routh v. Jeffry V. Sheesley and Drew W. Sheesley, as Trustees of the Dcs Trust Dated May 17, 2005Wyoming Supreme Court · 2025
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