Impact Of Adverse Claim Statutes Affecting Bank Deposit Accounts

LexisNexis (July 5, 2018, 2:16 PM EDT) -- Adverse claim statutes, designed to protect banks from the perilous common-law position of vulnerability to suit by either the depositor or the adverse claimant, have been enacted in at least 36 states as well as the District of Columbia. Some bank attorneys are not aware of these important statutes. Here's a primer....