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FRANTZ v. FIRST NAT. BANK OF ANCHORAGE

Nos. 3325, 3328.

584 P.2d 1125 (1978)

Jack FRANTZ, Appellant, v. FIRST NATIONAL BANK OF ANCHORAGE, Appellee. FIRST NATIONAL BANK OF ANCHORAGE, Cross-Appellant, v. Jack FRANTZ, Cross-Appellee.

Supreme Court of Alaska.

September 29, 1978.

Attorney(s) appearing for the Case

Stephen D. Cramer, Merdes, Schaible, Staley & DeLisio, Fairbanks, for appellant and cross-appellee.

John R. Beard, Anchorage, for appellee and cross-appellant.

Before BOOCHEVER, C.J., and RABINOWITZ, CONNOR, BURKE and MATTHEWS, JJ.

OPINION

MATTHEWS, Justice.

This case arises under the commercial paper article of the Uniform Commercial Code as enacted in Alaska.1 A section of that article provides that the drawer of a check which is dishonored is liable to its holder.2 If the holder is not a holder in due course he takes the check subject to all defenses which the drawer has against any other party to the check.

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