Northwestern Bank v. First Va. Bank of Damascus

How courts have described this case

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

• \Mere possession by the debtor is insufficient to estab- lish a right in the collateral upon which to base a security interest . . . . The debtor must acquire some ownership interest in the collateral before a valid security interest arises\

Source: CourtListener parenthetical corpus (CC0).