Practice question
How must banks treat depositors’ accounts under the doctrine reiterated in Equitable PCI Bank v. Tan?
- As informal personal favors
- With no need for accurate entries
- With meticulous care mindful of the fiduciary relationship
- Only with the care the customer can personally supervise
- Only after a court complaint
Legal references
- https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html — RA 8791, section 2
- https://lawphil.net/judjuris/juri2010/aug2010/gr_165339_2010.html — Equitable PCI Bank v. Tan, G.R. No. 165339, August 23, 2010, main opinion
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