(Download) "Southern Electrical Supply Co. v. Raleigh" by Supreme Court of Appeals of West Virginia # eBook PDF Kindle ePub Free
eBook details
- Title: Southern Electrical Supply Co. v. Raleigh
- Author : Supreme Court of Appeals of West Virginia
- Release Date : January 11, 1984
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 78 KB
Description
1. A bank may not alter a deposit and put funds in another account, absent express authority by the depositor to do so. 2. The prerequisites to a bank's exercise of its common law right of setoff against a customer's account are: (1) existence of a debtor-creditor relationship between bank and customer, (2) the customer's ownership of a general deposit account in the bank to which setoff may be made, and (3) mutuality of matured indebtedness.
 "Southern Electrical Supply Co. v. Raleigh" by Supreme Court of Appeals of West Virginia # eBook PDF Kindle ePub Free){kind=link}