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SASS TRUCKING v. SECURITY BANK & TRUST

No. 62621.

737 P.2d 113 (1987)

SASS TRUCKING, INC., Appellee, v. SECURITY BANK AND TRUST COMPANY, Blackwell, Oklahoma, Appellant.

Supreme Court of Oklahoma.

May 5, 1987.

Attorney(s) appearing for the Case

Guy Clark, Northcutt, Raley, Clark and Gardner, Ponca City, for appellee.

James R. Rodgers, Blackwell, for appellant.

Laura N. Pringle, Vice President and Gen. Counsel of the Oklahoma Bankers Ass'n, Oklahoma City, for amicus curiae Oklahoma Bankers Ass'n.

OPALA, Justice.

The narrow first-impression question for today's decision is whether a data processing center, sole agent for the payor bank, is a place of presentment for items triggering the "midnight deadline rule" of 12A O.S. 1981 § 4-302.1 We answer in the affirmative and hold that the check-collecting process, together with the constructive designation by the payor bank, constituted...

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