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DUNCAN v. STATE FARM FIRE & CAS. CO.

587 S.W.2d 375 (1979)

Woody Joe DUNCAN, Petitioner, v. STATE FARM FIRE & CASUALTY COMPANY, Respondent.

Supreme Court of Tennessee.

October 1, 1979.

Attorney(s) appearing for the Case

Jerry Shattuck, Clinton, for petitioner.

Don A. Layton, Oak Ridge, for respondent.

OPINION

BROCK, Justice.

The sole issue presented for our decision in this case is whether an innocent purchaser for value of a stolen automobile acquires an insurable interest in the vehicle sufficient to validate a policy of insurance against its damage or loss by collision. We hold that he does and overrule the decision in Insurance Co. of No. Am. v. Cliff Pettit Motors, Inc., Tenn., 513 S.W.2d 785 (1974), which...

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