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SNETHEN v. OKL. UN. OF FARMERS EDUCATIONAL & CO-OP. UN.

No. 56104.

664 P.2d 377 (1983)

John O. SNETHEN, Appellant, v. OKLAHOMA STATE UNION Of the FARMERS EDUCATIONAL AND CO-OPERATIVE UNION OF AMERICA, Appellee.

Supreme Court of Oklahoma.

Rehearing Denied June 21, 1983.

Attorney(s) appearing for the Case

Gerald E. Durbin, II, Lisle, Patterson & Durbin, Oklahoma City, for appellant.

Sarah J. Rhodes, Abowitz & Welch, Oklahoma City, for appellee.

OPALA, Justice:

The dispositive issue on certiorari is whether a good-faith purchaser for value of a stolen motor vehicle has an "insurable interest" in the property within the meaning of 36 O.S. 1981 § 3605.1 We answer in the affirmative.

The insurance company [insurer], defendant below, issued an automobile insurance policy to John O. Snethen [insured], plaintiff below, providing...

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