(Download) "Lawyers Surety Corp. v. Riverbend Bank" by Texas Court of Appeals " Book PDF Kindle ePub Free
eBook details
- Title: Lawyers Surety Corp. v. Riverbend Bank
- Author : Texas Court of Appeals
- Release Date : January 26, 1998
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
In this case of first impression, we must determine whether a "floor plan" between a bank and a car dealer is within the scope of a statutory motor vehicle dealers surety bond, so that the bank can recover on the bond if the dealer defaults on the floor plan. We hold that it is not. Accordingly, we reverse the trial courts Judgement for appellee Riverbend Bank, N.A. (Riverbend) and render Judgement for appellant Lawyers Surety Corporation (LSC).