Concepcion v. Tojeiro
This text of 457 So. 2d 553 (Concepcion v. Tojeiro) is published on Counsel Stack Legal Research, covering District Court of Appeal of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Where a note is made payable to two or more payees in the conjunctive, payment made to only one of the payees does not discharge the maker’s obligations under the note. § 673.116, Fla.Stat. (1983).1 In the instant case the note was made payable to the appellant and a co-payee and payment by the Tojeiros was made only to the co-payee. Appellant did not give the co-payee authority to accept payment on her behalf and no such authority will be implied from a close relationship between the appellant and the co-payee. Glasser v. Columbia Federal Savings & Loan Association of Miami Shores, 197 So.2d 6 (Fla.1967).
The judgment below is therefore reversed and the case remanded with directions that judgment be entered for the appellant, plaintiff below.
Reversed and remanded with directions.
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Cite This Page — Counsel Stack
457 So. 2d 553, 39 U.C.C. Rep. Serv. (West) 210, 9 Fla. L. Weekly 2188, 1984 Fla. App. LEXIS 15347, Counsel Stack Legal Research, https://law.counselstack.com/opinion/concepcion-v-tojeiro-fladistctapp-1984.