UCC Statute Of Repose Strikes Again

LexisNexis (March 14, 2017, 8:22 AM EDT) -- In our prior story, we reported on an interesting case involving the UCC one-year statute of repose for reporting unauthorized wire transfers.  Now comes a Missouri case where the statute of repose for reporting forged checks was used by a bank to great effect.  The case seems correct in every way and it includes some especially significant takeaways for the drafting of deposit agreements. ...