Great news! Thanks!!
After reading AGs and your comments again, perhaps the NaD had no legal effect because it was NOT acceptable per the
Federal Rules of Evidence Exception to Hearsay Rule (
FRE 803(6)(B))since it was just a letter outside the normal course of business, or possibly the NaD was already
trumped by some non-endorsements on instruments
already on record that
did fit the exception to hearsay rule... and so then truly it had
no legal effect because the
demand was already on record!
Hmmmm... these attorneys are so clever and yet technically truthful at times...