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· 10/4/1973

Adams v. Southern California First National Bank

Citations

  • 492 F.2d 324
  • 14 U.C.C. Rep. Serv. (West) 289
  • 1973 U.S. App. LEXIS 7655

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • concluding that the “ninety-nine-year lease with an option to purchase the property is a financing mechanism . . . .”
  • where a for-profit lessee is deemed as an owner of property under a 99-year lease, then, “[b]ased on ownership, the property is not tax exempt”

Source: CourtListener parenthetical corpus (CC0).

Judges: Byrne, Hufstedler, Trask

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.