Legal Opinion

First National Bank of Grand Prairie v. Lone Star Life Insurance Co.

Texas Supreme Court

Decided October 15, 1975No. B-5389PublishedCited by 16 opinions

1Per curiam

The application of First National Bank of Grand Prairie for writ of error is refused, no reversible error. Tex.Civ.App., 524 S.W.2d 525. In taking such action, we do not approve the holding that Chapter 9 of the Texas Business and Commerce Code controls the right of a bank to assert a set-off against the funds of a depositor. Section 9.104(9) of the Code excludes “any right of set-off” from the application of Chapter 9.

2Cases cited1 opinion

  1. First National Bank in Grand Prairie v. Lone Star Life Insurance Co.Court of Appeals of Texas · 1975

3Cited by16 opinions

  1. Lexington Insurance Co. v. GrayCourt of Appeals of Texas · 1989
  2. Coral Petroleum, Inc. v. Paribas (In Re Coral Petroleum, Inc.)United States Bankruptcy Court, S.D. Texas · 1985
  3. Insley Manufacturing Corp. v. Draper Bank & TrustUtah Supreme Court · 1986
  4. National Acceptance Co. of America v. Virginia Capital BankDistrict Court, E.D. Virginia · 1980
  5. King v. Fordice, Texas Court of Appeals, 5th District (Dallas)1989

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