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Case Citations July 2015 through February 2016 [1] (2015-2016)

handle is hein.ali/relwprpty0250 and id is 1 raw text is: PROPERTY DIVISION 1. INTRODUCTION CHAPTER 1. DEFINITION OF CERTAIN GENERAL TERMS § 5. Interest N.D.I11.2014. Cit. in sup., com. (c) quot. in sup. Receiver for bank brought a breach-of-contract action against insurer that had issued a financial-institution bond in favor of bank, after defendant denied plaintiff's claim for reimbursement of losses stemming from certain loans issued by bank, which were purportedly collateralized by equipment leases that were later discovered to contain forged signatures. This court granted summary judgment for plaintiff, holding that the bond protected the insured bank against losses resulting from credit extended on the faith of security agreements that contained forged signatures, and that the leases were accurately categorized as security agreements under the bonds, because they created an interest in personal property and secured payment or performance of an obligation. Although the leases did not transfer title to any equipment, they granted bank a possessory interest in the leased equipment, and a right to possession was a type of property interest recognized under Restatement of Property § 5. Federal Deposit Insurance Corporation v. RLI Insurance Company, 49 F.Supp.3d 517, 525. § 7. Possessory Interests in Land Colo.2015. Cit. and quot. in ftn. Food-and-beverage concessionaires at airport sought review of municipal board's decision upholding a tax valuation of their property, alleging that their possessory interests were not taxable because the city-owned airport was exempt from real-property taxation. The trial court found that the interests were taxable and the court of appeals affirmed. Affirming, this court held that plaintiffs had taxable, private possessory interests in tax-exempt government property. The court cited the definition of possessory interest set forth in Restatement of Property § 7, but used the definition provided by the state division of taxation for purposes of this case, pointing out that a possessory interest included a right to exclude others. Cantina Grill, JV v. City & County of Denver County Board of Equalization by and through Kennedy, 344 P.3d 870, 874. DIVISION 3. FUTURE INTERESTS PART 2. CHARACTERISTICS CHAPTER 15. PROTECTION OF FUTURE INTERESTS AS AFFECTED BY STATUTES OF LIMITATIONS AND THE DOCTRINE OF PRESCRIPTION .m X.J2I m For earlier citations, see the Appendices, Supplements, or Pocket Parts, if any, that correspond to the subject matter under examination.

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