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Archive for December 2016

Three-Year Statute Applies To Misapplied Deposits

The three-year statute of limitations of Uniform Commercial Code ยง 4-111 (810 ILCS 5/4-111) applies
to a lawsuit pleaded as a common-law breach-of-contract case if the claim is related to banking transactionsinvolving negotiable instruments, a panel of the Appellate Court in Chicago has reiterated.

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