Concrete Materials Corp. v. Bank of Danville & Trust Co.

WINTERSHEIMER, Justice.

This appeal is from a decision of the Court of Appeals which affirmed a summary judgment by the circuit court which had limited Concrete Materials’ claim against the Bank of Danville to twelve months preceding the discovery and notification that certain deposit tickets had been altered without authorization.

*256The issue involves claims against the bank by a corporate commercial customer in which it is argued that the conduct of the bank allowed the embezzlement of corporate funds by a corporate employee. The outcome of the case turned on application of KRS 355.4-406…