Troy Bank and Trust Company v. The Citizens Bank

PARKER, Justice.

Troy Bank and Trust Company (“Troy Bank”) appeals a summary judgment entered in favor of The Citizens Bank (“Citizens Bank”) by the Geneva Circuit Court (“the circuit court”). We reverse the circuit court’s judgment and remand the cause.

Facts and Procedural History

In its order entering a summary judgment in favor of Citizens Bank, the circuit court set forth the following relevant, undisputed facts:

“1. On 12/10/09 Ronnie Gilley Properties, LLC, (‘Gilley’ hereinafter) issued a check in the amount of $100,000.00 payable to Cile Way Properties, LLC, (‘Cile’ hereinafter). The…