LARSON v. VERMILLION STATE BANK

No. C8-97-577.

567 N.W.2d 721 (1997)

Dennis D. LARSON & Margaret A. Larson, d/b/a Larson Equipment Sales, Appellants, v. VERMILLION STATE BANK, Respondent.

Court of Appeals of Minnesota.

August 19, 1997.


Attorney(s) appearing for the Case

Jeffry G. Olson, Wayne D. Anderson, Anderson & Olson, Stillwater, for Appellants.

Alain M. Baudry, Maslon Edelman Borman & Brand, P.L.L.P., Minneapolis, for Respondent.

Considered and decided by PARKER, P.J., and CRIPPEN and SHORT, JJ.


OPINION

SHORT, Judge.

This dispute arises from a demand note issued by Dennis D. Larson (Larson) and Margaret A. Larson to the Vermillion State Bank (bank). After the bank called the note due, the Larsons filed suit, alleging the bank had violated the loan agreement by calling the note in bad faith. The Larsons appeal from the trial court's dismissal of this action for failure to state a claim.

FACTS

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