Legal Opinion
Farm Credit Bank of St. Paul v. Ahrenstorff
Court of Appeals of Minnesota
Decided January 14, 1992No. C6-91-581PublishedCited by 1 opinion
1Opinion of the Court
OPINION
PETERSON, Judge.
Farm Credit Bank of St. Paul appeals from judgment dismissing its deficiency judgment action for lack of subject matter jurisdiction. The trial court decided that a 90 day limitations period barred the action for a deficiency judgment even though the foreclosure sale that created the deficiency was held before the statute that established the limitations period was enacted. We reverse and remand.
FACTS
On May 25, 1982, the Ahrenstorffs executed a promissory note to Farm Credit Bank of St. Paul (FCB) in the amount of $575,000. The note was secured by a mortgage covering…
2Cases cited6 opinions
- Offerdahl v. University of Minnesota Hospitals & ClinicsSupreme Court of Minnesota · 1988
- Wallace v. Commissioner of TaxationSupreme Court of Minnesota · 1971
- Cooper v. WatsonSupreme Court of Minnesota · 1971
- Lovgren v. Peoples Elec. Co., Inc.Supreme Court of Minnesota · 1986
- Mason v. Farmers Insurance CompaniesSupreme Court of Minnesota · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Fin Ag, Inc. v. Hufnagle, Inc.Court of Appeals of Minnesota · 2005