Legal Opinion

Castle Rock Bank v. Team Transit, LLC

Colorado Court of Appeals

Decided July 19, 2012No. 11CA1926PublishedCited by 8 opinions

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

  1. Newville v. State, Dept. of Family ServicesMontana Supreme Court · 1994
  2. Tivoli Ventures, Inc. v. BumannSupreme Court of Colorado · 1994
  3. Sterenbuch v. GossColorado Court of Appeals · 2011
  4. Lawry v. PalmColorado Court of Appeals · 2008
  5. Mortgage Investments Corp. v. Battle Mountain Corp.Supreme Court of Colorado · 2003

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3Cited by8 opinions

  1. Igou v. Bank of America, N.AColorado Court of Appeals · 2020
  2. Carson v. Ocwen Loan Servicing, LLCDistrict Court, D. Colorado · 2019
  3. Todd Creek Village Metropolitan District v. Valley Bank & Trust Co.Colorado Court of Appeals · 2013
  4. In re EastmanUnited States Bankruptcy Court, D. Colorado · 2018
  5. 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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