Central Bank v. Harris

SHANNON, Justice.

Appellant Central Bank filed suit in the district court of Travis County against ap-pellee Anthony G. Harris, receiver for Mobile Insurance Company, to recover certain unearned premiums. Both parties filed motions for summary judgment. The district court denied the bank’s motion, granted the receiver’s motion, and rendered summary judgment that the bank take nothing.

The bank, chartered in the State of California, made loans to 880 California residents to purchase credit insurance coverage and paid the premiums for that coverage to Mobile Insurance Company. The insureds’…