Legal Opinion
Thomas v. Valley Bank of Nev.
Nevada Supreme Court
Decided June 25, 1981No. 11720PublishedCited by 11 opinions
1Opinion of the Court
OPINION
By the Court,
Mowbray, J.;
The issue presented on this appeal is whether the protections of the anti-deficiency legislation, NRS 40.451 et seq., apply to guarantors. Appellant asks us to reconsider our decision in Manufacturers & Traders Trust v. Dist. Ct., 94 Nev. 551, 583 P.2d 444 (1978) in which we held that they do not.
THE FACTS
Respondent, Valley Bank of Nevada (Bank) loaned C. H. Thomas Investments Inc. (Corporation) $165,000.00 for the purchase and development of certain real property. Corporation gave Bank its note for the amount of the loan, secured by a trust deed covering the…
2Cases cited7 opinions
- Union Bank v. GradskyCalifornia Court of Appeal · 1968
- Randono v. TurkNevada Supreme Court · 1970
- Bank of Nevada v. FriedmanNevada Supreme Court · 1966
- Manufacturers & Traders Trust Co. v. Eighth Judicial District Court of the State of NevadaNevada Supreme Court · 1978
- Coombs v. HeersDistrict Court, D. Nevada · 1973
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- First Interstate Bank of Nevada v. ShieldsNevada Supreme Court · 1986
- Valley Bank v. LarsonIdaho Supreme Court · 1983
- Servaites v. LowdenNevada Supreme Court · 1983
- Component System Corp. v. Eighth Judicial District CourtNevada Supreme Court · 1985
- Nevis v. Fidelity New York, F.A.Nevada Supreme Court · 1988
6 more not listed; retrieve them via the Exa API.