California Statute of Limitations for Payment of Forged Line of Credit Checks
Homeowner sued bank for paying forged checks drawn on her line of credit. Bank brought demurrer based on CCP 340(c) one year statute of limitations for a 'depositor' to sue for payment of forged or raised checks. Held: plaintiff was not a 'depositor' with respect to the line of credit, so the one year statute of limitation does not apply here.
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I am a litigation lawyer, licensed to practice law in the State of California. You can reach me by phone at (310) 286-2000.
I am a litigation lawyer, licensed to practice law in the State of California. You can reach me by phone at (310) 286-2000.
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