Farmers National Bank v. Green River Dairy, LLC

HORTON, Justice.

This is an appeal from the district court’s grant of declaratory judgment in favor of Green River Dairy, LLC, and four commodities dealers: Ernest Carter, Lewis Becker, Jack McCall, and Hull Farms (collectively “Sellers”). Appellant, Farmers National Bank (FNB), argues that the district court misinterpreted I.C. § 45-1802, a statutory lien provision, and, as a result, erred in granting Sellers a priority lien on collateral securing a loan previously made by FNB. We agree with FNB and vacate the district court’s grant of declaratory judgment in favor of Sellers.

I. FACTUAL AND…