Gibson County Farm Bureau Cooperative Ass'n v. Greer
Indiana Supreme Court
1Opinion of the Court
ON PETITION TO TRANSFER
SULLIVAN, Justice.
We grant a petition to transfer the decision of the Court of Appeals in Gibson County Farm Bureau v. Greer (1993), Ind.App., 622 N.E.2d 551, to address whether a finance-ing statement may also serve as a security agreement under Article 9 of the Uniform Commercial Code.
Facts
The record reflects that Miles Farm Center (Miles) advanced $17,606.83 in eredit to Greer in connection with Greer's farming operations. On June 19, 1991, Miles filed a standard UCC-1 financing statement covering Greer's corn and soybean crops. The financing statement 1) was signed…
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