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Non-Indorsing Payee On Jointly Payable Check Can’t Recover Against Payor Bank When It Received Full Payment Of Its Debt

LexisNexis (January 25, 2019, 11:41 AM EST) -- If a check is payable to “A and B” but is indorsed only by A, who deposits it into its own account and pockets the proceeds, B can sue the payor...
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