National Bank of Commerce v. Shelton

BARNES, J.,

for the Court.

¶ 1. This appeal concerns a transfer of funds governed by Article 4A of the Uniform Commercial Code (“UCC”). Justin Shelton filed a negligence action against National Bank of Commerce d/b/a NBC Capital Corporation (collectively “NBC”) as a result of electronic transfers of funds from Justin’s account at NBC to the account of W.J. “Sonny” Shelton at NBC. 1 Applying Mississippi Code Annotated section 75-4A-204 (Rev.2002), the circuit court granted Justin’s motion for summary judgment and awarded him $54,611.74 in damages, which included the amount of the transfers,…