DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
022641P.pdf 08/12/2003 Farm Credit Services v. American State Bank
U.S. Court of Appeals Case No: 02-2641
Northern District of Iowa
Civil case - Banking. Because Wells Fargo, the payable through
bank, failed to comply with Regulation CC requirements
(12 C.F.R. Sec. 229.33(a)) and did not provide American, the
depository bank with the proper notice of nonpayment, Farm
Credit Service, the non-bank drawee, cannot establish a basis
for a wrongful claim of late return against American.