Texas Lottery Commission v. First State Bank of DeQueen

254 S.W.3d 677 (2008)

TEXAS LOTTERY COMMISSION, Appellant

v.

FIRST STATE BANK OF DeQUEEN, Stone Street Capital, Inc. and Cletius L. Irvan, Appellees.

No. 03-07-00249-CV.

Court of Appeals of Texas, Austin.

May 16, 2008.

Rance L. Craft, Austin, for Appellant.

Jeffrey S. Boyd, Thompson & Knight LLP, Austin, for Appellee.

Before Justices PATTERSON, PURYEAR and PEMBERTON.

OPINION

BOB PEMBERTON, Justice.

In 1995, appellee Cletius Irvan won approximately $9 million in the Texas Lottery, to be paid in annual installments of around $450,000. Pursuant to an Arkansas court order that has been domesticated in Texas,…