Nevada Supreme Court Cabins Statute Eliminating Limitations Period On Deposit Claims Against Banks
CFPB Monitor
DECEMBER 2, 2020
On November 20, 2020, the Nevada Supreme Court handed banks a significant victory by agreeing with the Defendant bank’s interpretation of a Nevada statute concerning the application of statutes of limitation. In 2019, the parties briefed the certified questions to the Nevada Supreme Court. In Cantlon v. Wells Fargo Bank, N.A.,
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