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RALLS COUNTY MUT. INS. CO. v. RCS BANK

No. ED 92732.

314 S.W.3d 792 (2010)

RALLS COUNTY MUTUAL INSURANCE COMPANY, Respondent, v. RCS BANK, f/k/a Ralls County State Bank, Appellant.

Missouri Court of Appeals, Eastern District, Northern Division.

June 29, 2010.

Attorney(s) appearing for the Case

Mark S. Wasinger, Hannibal, MO, for Appellant.

Louis J. Leonatti, Mexico, MO, for Respondent.

ROBERT G. DOWD, JR., Judge.

RCS Bank f/k/a Ralls County State Bank ("Bank") appeals from the judgment entered in favor of Ralls County Mutual Insurance Company ("Insurance Company") imposing a constructive trust in the amount of $126,789.63. We reverse.

Insurance Company is a county mutual insurance company providing casualty and liability insurance located in Center, Missouri. Ted Summers ("Summers") acted as secretary/treasurer of Insurance Company and managed...

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