May v. Women's Bank, N.A.
Supreme Court of Colorado
1Opinion of the CourtJustice Kirshbaum
In May v. The Women’s Bank, No. 87CA1852 (Colo.App. June 1, 1989) (not selected for official publication), the Court of Appeals held that by executing an unconditional guaranty petitioner Virginia May waived the right provided by section 4-9-504(3) of the Colorado Uniform Commercial Code (the Code) to challenge the disposition of collateral by respondent The Women’s Bank (the Bank) on the ground that the Bank failed to dispose of the property in a commercially reasonable manner. Having granted May’s petition for certiorari to review that conclusion, we reverse and remand with directions.
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