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PRAIRIE STATE BANK v. UNIVERSAL BONDING INS. CO.

No. 76,858.

24 Kan. App.2d 740 (1998)

953 P.2d 1047

PRAIRIE STATE BANK, Appellee, v. UNIVERSAL BONDING INSURANCE COMPANY, Appellant.

Court of Appeals of Kansas.

Opinion filed January 30, 1998.

Attorney(s) appearing for the Case

Rod L. Richardson, Karl Kuckelman, and Todd Navrat, of Wallace, Saunders, Austin, Brown & Enochs, Chartered, of Wichita, for the appellant.

Joel W. Riggs, of McMaster & McMaster, of Wichita, for the appellee.

Before RULON, P.J., LEWIS and PIERRON, JJ.

LEWIS, J.:

Prairie State Bank (Bank) instituted this declaratory judgment action against Universal Bonding Insurance Company (Universal Bonding). The Bank's purpose in filing this action was to obtain an order that the Bank was not required to honor a demand made by Universal Bonding on a letter of credit issued by the Bank. The trial court granted summary judgment in favor of the Bank, and Universal Bonding appeals.

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