Legal Opinion
Boone State Bank & Trust Co. v. Westfield Insurance Co.
Supreme Court of Iowa
Decided November 12, 1980No. 64723PublishedCited by 9 opinions
1Opinion of the Court
McCORMICK, Justice.
The United States District Court, Southern District of Iowa, Central Division, has certified to us a question concerning the coverage of motor vehicle dealer’s surety bonds furnished to the State of Iowa pursuant to section 322.4(7), The Code 1973 and 1975. The question is whether a motor vehicle dealer’s floor plan financier can recover on the statutory bond for certain enumerated acts or omissions of thé dealer. Because we hold that the bond only protects persons who purchase motor vehicles from the dealer, we answer the certified question “no.”
The certified question…
2Cases cited7 opinions
- Orr v. Lewis Central School DistrictSupreme Court of Iowa · 1980
- Barnett v. Durant Community School DistrictSupreme Court of Iowa · 1977
- State Surety Co. v. LensingSupreme Court of Iowa · 1977
- Insurance Co. of North America v. General Electric Credit Corp.Court of Appeals of Arizona · 1978
- Triplett v. JamesCourt of Appeals of North Carolina · 1980
2 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Midwest Automotive III, LLC v. Iowa Department of TransportationSupreme Court of Iowa · 2002
- Rolfe State Bank v. Charles a. Gunderson and Gloria K. Gunderson, Margaret Gunderson Moore, Clara Gunderson Hoover and Harold M. Hoover, Helen D. Gunderson, Deane C. Gunderson and Martha G. CarlsonSupreme Court of Iowa · 2011
- United Fire & Casualty Co. v. AckerSupreme Court of Iowa · 1995
- Haesemeyer v. MosherSupreme Court of Iowa · 1981
- Burke v. BD. OF TRUSTEES OF POLICE, ETC.Supreme Court of Iowa · 1981
4 more not listed; retrieve them via the Exa API.