Court Opinion

ID: 9745094
Source: CourtListenerOpinion
Date Created: 2023-08-26 22:34:38.344485+00
Date Added: 2024-06-11T07:24:55.969284
License: Public Domain

SHIELDS, Presiding Judge,
dissenting.
I respectfully dissent. In my opinion the meaning of the phrase, "valid legal cause" is plain. In order to avoid penalties for stopping payment "on a check or draft drawn on or payable at a financial institution," .C. 28-2-8-1(a) (1988) when the account has sufficient funds to otherwise pay the check or draft, the drawer must have valid legal cause. Valid legal cause is a recognizable defense successfully presented at the action instituted to recover on the check. I am in total agreement with the decision of our brethren on the federal bench in Stoutco, Inc. v. AMMA, Inc. (N.D.Ind.1985), 620 F.Supp. 657.