Case Credit Corp. v. Portales National Bank

966 P.2d 1172 (1998)

126 N.M. 89

1998-NMSC-035

CASE CREDIT CORPORATION, Plaintiff-Petitioner,

v.

PORTALES NATIONAL BANK and Jerry L. Morris Custom Combining, Inc., a/k/a J.L. Morris Custom Harvesting, Defendants-Respondents.

No. 24361.

Supreme Court of New Mexico.

October 6, 1998.

Kim E. Kaufman, Albuquerque, NM, Rowley Law Firm, P.C., Richard F. Rowley, III, Clovis, NM, for Petitioner.

Doerr & Knudson, P.A., Stephen Doerr, Portales, NM, for Respondents.

OPINION

FRANCHINI, C.J.

{1} This is a secured transactions case. We address a single issue: whether the proceeds of an unauthorized sale of a tractor, in…