T & O Mobile Homes, Inc. v. United California Bank

40 Cal.3d 441 (1985)

709 P.2d 430

220 Cal. Rptr. 627

T & O MOBILE HOMES, INC., Plaintiff and Appellant,

v.

UNITED CALIFORNIA BANK, Defendant and Respondent.

Docket No. S.F. 24763.

Supreme Court of California.

December 5, 1985.

COUNSEL

Marshall W. Krause, Richard M. Grant, Krause, Timan, Baskin, Shell & Grant and T.W. Salter for Plaintiff and Appellant.

Cook, Perkiss & Liehe, David J. Cook, Ross, Ivanjack & Alborg, Kenneth P. Gray and Thomas E. Alborg for Defendant and Respondent.

OPINION

BIRD, C.J.

Who should bear the loss when a bona fide purchaser relies on a vehicle certificate of ownership which fails…