Legal Opinion
North Side State Bank v. Board of County Commissioners
Supreme Court of Oklahoma
Decided March 29, 1994No. 77150PublishedCited by 30 opinions
1Opinion of the Court
OP ALA, Justice.
The dispositive issue before us is whether the board of county commissioners is liable to a bank on a court clerk’s depository voucher (delivered to a lawyer in compliance with a court order and cashed at the bank upon a payee’s forged endorsement) either (1) as the voucher’s drawer under the Uniform Commercial Code’s [UCC] “Impostor Rule” 1 or (2) as a principal of the county treasurer or court clerk? We answer in the negative.
I
THE ANATOMY OF LITIGATION
This controversy arose in an interpleader action brought by the Life Insurance Company of North America, which had been…
2Cases cited38 opinions
- Buckley v. FitzsimmonsSupreme Court of the United States · 1993
- Panama Processes, S.A. v. Cities Service Co.Supreme Court of Oklahoma · 1990
- Timmons v. Royal Globe Insurance Co.Supreme Court of Oklahoma · 1985
- Reeves v. AgeeSupreme Court of Oklahoma · 1989
- Burdick v. Independent School District No. 52Supreme Court of Oklahoma · 1985
33 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Russell v. Board of County CommissionersSupreme Court of Oklahoma · 1997
- State Ex Rel. Oklahoma Bar Ass'n v. TaylorSupreme Court of Oklahoma · 2000
- Jackson v. Oklahoma Memorial HospitalSupreme Court of Oklahoma · 1995
- State v. TorresSupreme Court of Oklahoma · 2004
- Harmon v. CradduckSupreme Court of Oklahoma · 2012
25 more not listed; retrieve them via the Exa API.