CAINE v. NATIONSBANK, N.A.

Record No. 002615.

551 S.E.2d 653 (2001)

262 Va. 312

Susan Freier CAINE v. NATIONSBANK, N.A.

Supreme Court of Virginia.

September 14, 2001.


Attorney(s) appearing for the Case

John F. Boland (Henry J. Schuldinger, Rees, Broome & Diaz, on briefs), Vienna, for appellant.

Mary Catherine Zinsner (Stephen A. Northup, Troutman Sanders Mays & Valentine, on brief), Richmond, for appellee.

The Virginia Bankers Ass'n (Joseph E. Spruill, III, on brief), Amicus Curiae in support of appellee.

Present: All the Justices.


ELIZABETH B. LACY, Justice.

In this appeal, we consider whether a financial institution breached its statutory or contractual duties when it allowed one party to a joint account to add unilaterally another party to the account.

Because the trial court decided this case on demurrer, we will state as true all material facts alleged in the motion for judgment. Robinson v. Matt Mary Moran, Inc., 259 Va. 412, 414, 525 S.E.2d 559

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