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SOUTH CENT. BK. OF DAVIESS CTY. v. LYNNVILLE NAT. BK.

No. 87A01-0806-CV-256.

901 N.E.2d 576 (2009)

SOUTH CENTRAL BANK OF DAVIESS COUNTY, Appellant-Plaintiff, v. LYNNVILLE NATIONAL BANK, Bryan K. Fisher, and Lisa C. Fisher, Appellees-Defendants.

Court of Appeals of Indiana.

February 20, 2009.

Attorney(s) appearing for the Case

Garret B. Hannegan, John T. McGarvey, Morgan & Pottinger, P.S.C., Louisville, KY, Attorneys for Appellant.

Mark E. Neff, Mark E. Neff Law Office, P.C., Boonville, IN, Peter J. Rusthoven, Barnes & Thornburg LLP, Indianapolis, IN, Attorneys for Appellee, Lynnville National Bank.

OPINION

BAKER, Chief Judge.

Although Indiana adopted Article 3 of the Uniform Commercial Code decades ago, we have not had occasion in this State to consider the propriety of a bank's refusal to pay a cashier's check. Thus, this appeal presents an issue of first impression in Indiana, namely, under what circumstances — if any — an issuing bank may properly refuse to pay a cashier's check.

Appellant-plaintiff South Central Bank of Daviess...

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