Legal Opinion
Golden v. Citibank, N.A.
New York Court of Appeals
Decided May 6, 2014PublishedCited by 2 opinions
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs.
A cashier’s check — essentially, a check drawn by a bank on itself — is presumed to have been issued for value, and the issuance of such a check constitutes an acceptance by the issuing bank, which gives rise to an obligation to pay (see Dziurak v Chase Manhattan Bank, N. A., 44 NY2d 776, 777 [1978]; Hart v *937North Fork Bank, 37 AD3d 414, 415 [2d Dept 2007]; Matter of Bank of U.S., 243 App Div 287, 291 [1st Dept 1935]; Bobrick v Second Natl. Bank of Hoboken, 175 App Div 550, 552 [1st Dept 1916],…
2Cases cited5 opinions
- Kaufman v. Chase Manhattan Bank, National Ass'nDistrict Court, S.D. New York · 1973
- Bobrick v. Second National BankAppellate Division of the Supreme Court of the State of New York · 1916
- In re the Bank of United StatesAppellate Division of the Supreme Court of the State of New York · 1935
- Gates v. Manufacturers Hanover Trust Co.Appellate Division of the Supreme Court of the State of New York · 1983
- Hart v. North Fork BankAppellate Division of the Supreme Court of the State of New York · 2007
3Cited by2 opinions
- Wells Fargo Bank, NA v. OstiguyAppellate Division of the Supreme Court of the State of New York · 2015
- People v. Joseph (Deborah)Appellate Terms of the Supreme Court of New York · 2017