Legal Opinion
T & O Mobile Homes, Inc. v. United California Bank
California Supreme Court
Decided December 5, 1985No. S.F. 24763PublishedCited by 16 opinions
1Opinion of the Court
Opinion
BIRD, C. J.
Who should bear the loss when a bona fide purchaser relies on a vehicle certificate of ownership which fails to disclose that the vehicle is subject to a perfected security interest?
I
On July 27, 1979, Shirl and Edward E. Morgan obtained from defendant, United California Bank (UCB),1 a personal loan for $17,146 to finance the purchase of a mobilehome. The Morgans granted UCB a security interest in the mobilehome to secure repayment of the loan.
On August 6, 1979, UCB mailed to the Department of Motor Vehicles (DMV) a request for issuance of a new certificate of ownership…
2Cases cited12 opinions
- People v. DrakeCalifornia Supreme Court · 1977
- Ferraro v. Pacific Finance Corp.California Court of Appeal · 1970
- City of Port Hueneme v. City of OxnardCalifornia Supreme Court · 1959
- Cady v. PurserCalifornia Supreme Court · 1901
- Dougery v. BettencourtCalifornia Supreme Court · 1931
7 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Suburban Motors, Inc. v. State Farm Mutual Automobile InsuranceCalifornia Court of Appeal · 1990
- Recorded Picture Co. [Prods.] Ltd. v. Nelson Entm't, Inc.California Court of Appeal · 1997
- Louis & Diederich, Inc. v. Cambridge European Imports, Inc.California Court of Appeal · 1987
- Simon v. Chrysler Credit Corp. (In Re Babaeian Transportation Co.)United States Bankruptcy Court, C.D. California · 1997
- Green Tree Financial Servicing Corp. v. SuttonNebraska Supreme Court · 2002
11 more not listed; retrieve them via the Exa API.