We are asked to decide in this case of first impression whether a Bank subjects itself to liability by accepting a check bearing a restrictive indorsement, "for deposit only" and depositing it into an account different from the named party on the front of the check. The trial court held the bank liable. We reverse.
FACTS
On June 17, 1982 O'Petro Energy corporation (Appellee), a publicly...
Let's get started
![Leagle.com](https://www.leagle.com/images/logo.png)
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.