Knepper v. Monticello State Bank
Supreme Court of Iowa
1Opinion of the Court
ANDREASEN, Justice.
William and Callista Knepper owned farm land in Dubuque county. They gave Monticello State Bank (MSB) a promissory note secured by a mortgage on the land. On May 14, 1986, the Kneppers transferred the land to MSB by a deed in lieu of foreclosure. On February 5, 1987, MSB transferred the land to Earl Decker by installment contract. Prior to this transfer, MSB did not offer the Kneppers an opportunity to repurchase the land, as required by Iowa Code section 524.910(2) (1987).
The Kneppers brought an action to set aside the transfer to Decker, to require MSB to extend to them…
2Cases cited17 opinions
- Hoffman Estates v. Flipside, Hoffman Estates, Inc.Supreme Court of the United States · 1982
- Williamson v. Lee Optical of Oklahoma, Inc.Supreme Court of the United States · 1955
- Alabama State Federation of Labor v. McAdorySupreme Court of the United States · 1945
- National Bank v. MatthewsSupreme Court of the United States · 1879
- Exxon Corp. v. EagertonSupreme Court of the United States · 1983
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