Legal Opinion
Associates Discount Corp. v. Rattan Chevrolet, Inc.
Texas Supreme Court
Decided October 7, 1970No. B-1741PublishedCited by 44 opinions
1Opinion of the Court
WALKER, Justice.
These are companion cases involving substantially the same facts. The principal question to be decided is whether the purchase by an automobile dealer from another dealer of a new, unregistered motor vehicle that is subject to a security interest created by the seller is governed by the provisions of the Uniform Commercial Code that protect a buyer in ordinary course of business. We hold that it is.
The facts of only one of the cases will be stated in any detail. Associates Discount Corporation is in the business of financing the purchase of automobiles by dealers. On July 26,…
2Cases cited14 opinions
- Stemmons, Inc. v. Universal CIT Credit CorporationSupreme Court of Oklahoma · 1956
- Motor Investment Co. v. City of Knox CityTexas Supreme Court · 1943
- Motor Investment Co. v. City of HamlinTexas Supreme Court · 1944
- Medico Leasing Company v. SmithSupreme Court of Oklahoma · 1969
- Independent News Co., Inc., National Comics Publications, Inc., Superman, Inc. v. Harry WilliamsCourt of Appeals for the Third Circuit · 1961
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3Cited by44 opinions
- Anderson v. SniderTexas Supreme Court · 1991
- Hidalgo v. Surety Savings and Loan AssociationTexas Supreme Court · 1972
- Duffee v. JudsonSuperior Court of Pennsylvania · 1977
- In the Matter of Gary Aircraft Corporation, Debtor. Gary Aircraft Corporation v. General Dynamics CorporationCourt of Appeals for the Fifth Circuit · 1982
- Hudson Buick, Pontaic, GMC Truck Co. v. Gooch, Texas Court of Appeals, 12th District (Tyler)2000
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