Hill v. Bank of Northeast Arkansas
Supreme Court of Arkansas
1Opinion of the Court
John A. Fogleman, Justice.
This case involves the question whether a lender may perfect a lien on a motor vehicle under the provisions of Ark. Stat. Ann. § 75-161 (b) (Supp. 1977). The trial court held that it could and we agree.
On July 26, 1977, Ronnie Hogan borrowed $3,167.36 from the Bank of Northeast Arkansas. The loan was evidenced by a promissory note providing for repayment in 30 monthly payments of $119.76. It was secured by a security agreement describing a 1975 Chevrolet Monte Carlo, Serial No. 1H57H5D420253. The note and security agreement were mailed to the Motor Vehicle Division…
2Cases cited8 opinions
- Laman v. McCordSupreme Court of Arkansas · 1968
- Beaumont v. FaubusSupreme Court of Arkansas · 1965
- Cook, Comm. of Revenues v. Ark.-Mo. Power Corp.Supreme Court of Arkansas · 1946
- Poole v. StateSupreme Court of Arkansas · 1968
- Southwestern Bell Telephone Co. v. RobertsSupreme Court of Arkansas · 1969
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3Cited by2 opinions
- Green Tree Acceptance, Inc. v. Wyoming National Bank, and James T. Dinneen, Trustee in BankruptcyCourt of Appeals for the Tenth Circuit · 1993
- Opinion No., Arkansas Attorney General Reports1996