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MATTER OF TRI-VALLEY TRANSP., INC.

Bankruptcy No. BK81-143, Adv. No. A81-447.

18 B.R. 628 (1982)

In the Matter of TRI-VALLEY TRANSPORTATION, INC., formerly Service Oil Co. a/k/a Service Oil Co., Inc., Debtor. BUSINESS DEVELOPMENT CORPORATION OF NEBRASKA, A Corporation, and Citizens State Bank, A Corporation, Plaintiffs, v. John A. WOLF, Trustee, Defendant.

United States Bankruptcy Court, D. Nebraska.

March 25, 1982.

Attorney(s) appearing for the Case

Paul M. Schudel, Lincoln, Neb., for plaintiffs.

John A. Wolf, Grand Island, Neb., trustee/defendant.

MEMORANDUM

DAVID L. CRAWFORD, Bankruptcy Judge.

In this declaratory judgment action, I find that the plaintiffs, Business Development Corporation and Citizens State Bank, have a perfected security interest in the assets and operating rights of the debtor pursuant to the mandatory provisions of Nebraska Revised Statutes Section 21-2012 (Reissue 1977).

On January 23, 1981, the filing date of this Chapter 7 petition, debtor was in the trucking business...

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