TRUSTMARK INS. CO. v. BANK ONE, ARIZONA, NA

No. 1 CA-CV 01-0021.

48 P.3d 485 (2002)

202 Ariz. 535

TRUSTMARK INSURANCE COMPANY, an Illinois corporation, Plaintiff-Appellee, Cross-Appellant, v. BANK ONE, ARIZONA, NA, a national banking association, Defendant-Appellant, Cross-Appellee.

Court of Appeals of Arizona, Division 1, Department E.

As Corrected June 19 and July 2, 2002.


Attorney(s) appearing for the Case

Atkinson, Hamill & Barrowclough, P.C. By Christopher G. Hamill, Patrick R. Barrowclough, Phoenix, for Plaintiff-Appellee/Cross-Appellant.

Squire, Sanders & Dempsey, L.L.P. By George Brandon Claudia T. Salomon, Phoenix and Bank One Corporation-Law Department By Mary Angela Jenkins, Dallas, TX, for Defendant-Appellant/Cross-Appellee.


OPINION

GEMMILL, Judge.

¶ 1 If a banking customer sends a bank a letter of instructions requesting wire transfers of funds upon future occurrences of a specified balance condition in the customer's account, does the letter of instructions constitute a "payment order" under Article 4A of Arizona's Uniform Commercial Code ("UCC")?1 We address this question, and others, in this decision.

¶ 2 Bank One, Arizona,...

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