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Legal Opinion

McFarling v. Demco, Inc.

Supreme Court of Oklahoma

Decided February 10, 1976No. 46750PublishedCited by 17 opinions

1Opinion of the Court

IRWIN, Justice:

In June of 1969, C. L. Frates & Company (Frates) entered into an “Agency Agreement” (the agreement), with Liberty Universal Insurance Company (Liberty). Pursuant to the agreement, Frates was authorized to solicit for and place with Liberty policies of insurance. Frates sold to Demco, Inc. (Demco) several policies of insurance which Frates placed with Liberty. Before Frates remitted to Liberty premiums received from Demco, Liberty was put into receivership in the State of Texas. Tom McFarling (Receiver) cancelled all outstanding policies immediately upon appointment.

Demco…

2Cases cited15 opinions

  1. Downey v. HumphreysCalifornia Court of Appeal · 1951
  2. Smith v. OwensSupreme Court of Oklahoma · 1964
  3. Schimmel Fur Co. v. American Indemnity Co.Supreme Court of Missouri · 1969
  4. Galiher v. SpatesAppellate Court of Illinois · 1970
  5. Burchfield v. BevansCourt of Appeals for the Tenth Circuit · 1957

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3Cited by17 opinions

  1. Utica National Bank & Trust Co. v. Associated Producers Co.Supreme Court of Oklahoma · 1980
  2. Bill Hodges Truck Co. v. GillumSupreme Court of Oklahoma · 1989
  3. Brink v. DaLesioDistrict Court, D. Maryland · 1980
  4. Resolution Trust Corp. v. GreerSupreme Court of Oklahoma · 1995
  5. City National Bank & Trust Co. v. Jackson National Life InsuranceCourt of Civil Appeals of Oklahoma · 1990

12 more not listed; retrieve them via the Exa API.

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