Lema v. Bank of America, N.A.

We must determine in this case whether a deposit agreement between Petitioner Nkiambi Jean Lema, and his bank, Respondent, Bank of America, N.A. (hereinafter “Bank of America” or the “Bank”), altered the effect of the Maryland Uniform Commercial Code, presently codified at Maryland Code, §§ 1-101 to 10-112 of the Commercial Law Article (1975, 2002 Repl.Vol.) (hereinafter “UCC”), so that the Bank was entitled to debit Lema’s account for losses that the Bank incurred because of an altered check deposited into Lema’s account by a third party without Lema’s authorization or signature. Under the…