In re Certificates of Deposit Issued by Hocking Valley Bank

This appeal concerns the six certificates that were pledged to the bank.3 Linda concedes that the bank properly encumbered her interest in the certificate which she and Norman pledged to the bank on December 13, 1985. Accordingly, we reverse the March 20, 1990 judgment of the court of appeals as to this certificate.

The question we now decide is whether the bank’s security interests in the five certificates, which encumbered only Norman’s interests, were extinguished upon Norman’s death. We answer this inquiry by affirming the court of appeals in this regard, and find that any interest the…