Tuloka Affiliates, Inc. v. Security State Bank

The opinion of the court was delivered by

McFarland, J.:

This is an action wherein a creditor under a floor plan arrangement seeks to recover proceeds from the sale of its collateral from a bank acquiring same through the debit of a checking account.

The complex factual situation must be set forth in considerable detail. At all times relevant hereto, Gary P. Heideman was the president of Country Side Travelers, Ltd., whose principal business was the retail sale of travel trailers and recreational vehicles in Fort Scott, Kansas. For simplicity’s sake, Country Side Travelers, Ltd., will be…