Legal Opinion

Independence Federal Savings & Loan Ass'n v. Davis

Supreme Court of Arkansas

Decided March 21, 1983No. 82-202Published

1Opinion of the Court

646 S.W.2d 336 (1983)

278 Ark. 387

INDEPENDENCE FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellant,

v.

Roy C. DAVIS, et al., Appellees.

No. 82-202.

Supreme Court of Arkansas.

February 14, 1983.

Supplemental Opinion on Denial of Rehearing March 21, 1983.

Hoover, Jacobs & Storey, Victor A. Fleming, Little Rock, for appellant.

David H. White, Horseshoe Bend and Lambert & Brown, Cherokee Village, for appellees.

DUDLEY, Justice.

In 1972 we held that a federal savings and loan association must demonstrate that its security is impaired before it will be permitted to accelerate the maturity date of a loan and…

2Cases cited7 opinions

  1. Fidelity Federal Savings & Loan Ass'n v. De La CuestaSupreme Court of the United States · 1982
  2. Wellenkamp v. Bank of AmericaCalifornia Supreme Court · 1978
  3. Tucker v. Pulaski Federal Savings & Loan AssociationSupreme Court of Arkansas · 1972
  4. Moose v. GregorySupreme Court of Arkansas · 1979
  5. Elcare, Inc. v. GocioSupreme Court of Arkansas · 1980

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