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· 7/22/1987

Farmers Cooperative Elevator Co. v. Union State Bank

Citations

  • 409 N.W.2d 178
  • 4 U.C.C. Rep. Serv. 2d (West) 1
  • 1987 Iowa Sup. LEXIS 1244

How courts have described this case

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

  • holding that hogs are not the proceeds of the feed they consume
  • rejecting a creditor’s argument that, “although creative, stretches the [statutory] language ... beyond our interpretation guideposts”
  • rejecting a creditor’s argument that, “although creative, stretches the [statutory] language . . . beyond our interpretation guideposts”
  • describing PMSI as simply “a secured loan for the price of new collateral”
  • “When construing a statute, we search for an interpretation that is sensible, workable, practical, and logical.”
  • Article 9 interpretations should be “sensible, workable, practical and logical”

Source: CourtListener parenthetical corpus (CC0).

Judges: Reynoldson, Harris, Larson, Lavorato, Neuman

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.