Legal Opinion
Craft Products, Inc. v. Hartford Fire Insurance Co.
Indiana Court of Appeals
Decided October 4, 1996No. 20A03-9511-CV-367PublishedCited by 4 opinions
1Opinion of the Court
OPINION
STATON, Judge.
Alonzo Craft, Jr. (“Craft”) appeals the trial court’s order finding that the garnishment lien acquired by Hartford Fire Insurance Co. (“Hartford”) had priority over his prior, un-perfeeted security interest in a certificate of deposit. Craft presents several issues for our review which we consolidate and restate as follows: Whether the trial court erred in determining that the certificate of deposit was an instrument under Ind.Code § 26-1-9-105(1)® (1993).
We affirm.
Craft was the President and sole shareholder of Craft Products, Inc. In 1993, he loaned the company…
2Cases cited7 opinions
- First National Bank in Grand Prairie v. Lone Star Life Insurance Co.Court of Appeals of Texas · 1975
- Citizens Nat. Bank of Orlando v. BornsteinSupreme Court of Florida · 1979
- Coral Petroleum, Inc. v. Paribas (In Re Coral Petroleum, Inc.)United States Bankruptcy Court, S.D. Texas · 1985
- Bank IV Topeka, N.A. v. Topeka Bank & Trust Co.Court of Appeals of Kansas · 1991
- Prudential-Bache Securities, Inc. v. Bartow County BankCourt of Appeals of Georgia · 1988
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3Cited by4 opinions
- McFarland v. BrierSupreme Court of Rhode Island · 2004
- Cadle Co. v. Citizens National BankWest Virginia Supreme Court · 1997
- In Re Omega Environmental Inc., a Delaware Corporation, Debtor v. Valley Bank NaCourt of Appeals for the Ninth Circuit · 2000
- Morgan v. Farmers & Merchants BankSupreme Court of Alabama · 2003