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ROY SUPPLY, INC. v. WELLS FARGO BANK

Docket No. C017141.

39 Cal.App.4th 1051 (1995)

46 Cal. Rptr.2d 309

ROY SUPPLY, INC., et al., Plaintiffs and Appellants, v. WELLS FARGO BANK, N.A., Defendant and Respondent.

Court of Appeals of California, Third District.

October 26, 1995.

Attorney(s) appearing for the Case

COUNSEL

Moyer, Buechner & Towne, Mark E. Buechner and Bruce A. Scheidt for Plaintiffs and Appellants.

Coblentz, Cahen, McCabe & Breyer, Jonathan R. Bass and Susan K. Jamison for Defendant and Respondent.

OPINION

SPARKS, Acting P.J.

In this case we consider whether corporate depositors may pursue causes of action against their bank for the negligent payment of forged checks when they failed to discover and report the forgeries to the bank in a timely manner. We hold that the statutory provisions of the California Uniform Commercial Code1 preclude the depositors from asserting the forged checks against the...

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