Muncie Industrial Revolving Loan Fund Board v. Indiana Construction Corp.

SULLIVAN, Judge.

Muncie Industrial Revolving Loan Fund Board (Board) appeals the trial court's grant of summary judgment in favor of Indiana Construction Corporation (ICC).

We affirm.

Muncie presents several issues for our review, which we restate:

I. Whether a government agency is es-topped from pursuing collection of a perfected, unreleased security interest in accounts receivable from a third party, if the agency's representative indicated by letter to the third party that the agency would not seek collection of its interest in the accounts receivable?

II. Whether the representative had…