STATE FARM FIRE AND CAS. CO. v. STOCKTON

No. 88-66.

750 S.W.2d 945 (1988)

295 Ark. 560

STATE FARM FIRE AND CASUALTY COMPANY, Appellant, v. Ola STOCKTON, Ira Stockton, and First National Bank, Siloam Springs, Arkansas, Appellees.

Supreme Court of Arkansas.

May 31, 1988.


Attorney(s) appearing for the Case

Roy & Lambert, Springdale, for appellant.

Don R. Elliott, Jr., Fayetteville, for appellees.


HOLT, Chief Justice.

This case involves an issue of first impression in Arkansas: whether an insurer, when canceling an automobile liability policy, must notify both the insured and any bank or other lending institution having a lien on the named insured's automobile in order for cancellation to be effective with respect to the insured. Jurisdiction is pursuant to Ark.Sup.Ct.R. 29(1)(c).

On June 24, 1985, appellee...

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