Citizen's National Bank of Decatur v. Farmer

Automobile purchase — retail installment contract — assigned to bank — suit for balance due.

Which statute of limitations applies? Four years or ten?

Four. The Uniform Commercial Code controls.

Citizen’s National Bank of Decatur brought this small-claims action to recover the balance due on two retail installment sales contracts. Judgment was entered for defendant on one of the contracts and for plaintiff on the other. Only defendant appeals. The sole issue raised is whether the 4-year statute of limitations governing actions for breach of a contract for the sale of goods is a defense to the…