Black v. First Interstate Bank of Fort Dodge

McGIVERIN, Chief Justice.

Plaintiffs Dean and Jackie Black filed this declaratory judgment action to determine whether the opportunity to repurchase embodied in Iowa Code section 524.-910(2) (1987) may be assigned. The district court determined that the opportunity to repurchase was assignable by defendants John and Beth Banwell to John’s sister, defendant Margaret Banwell. Plaintiffs appeal. We affirm.

I. Background facts and proceedings. On March 13,1987, John and Beth Banwell, upon threat of foreclosure and pursuant to a written agreement, deeded their farm to the First Interstate Bank of…