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FINK v. STALLINGS 601 SALES, INC.

No. 8219DC1165.

307 S.E.2d 829 (1983)

William Edward FINK v. STALLINGS 601 SALES, INC., and Citicorp Person-To-Person Financial Center, Inc., and North River Insurance Company.

Court of Appeals of North Carolina.

October 18, 1983.

Attorney(s) appearing for the Case

Williams, Willeford, Boger, Grady, Davis & Tuttle by Samuel F. Davis, Jr., Concord, for defendant-appellant.

Golding, Crews, Meekins, Gordon & Gray by Ned A. Stiles, Charlotte, for defendant-appellee.

ARNOLD, Judge.

Defendant Citicorp contends it is a "purchaser" under G.S. 20-288(e) and thereby entitled to indemnity from North River Insurance Company, the surety on Stallings' motor vehicle dealer's bond, for recovery of the $11,245.50 balance due from Stallings on the 1979 Honey motor home.

The statute in question provides in part:

Any purchaser of a motor vehicle who shall have suffered any loss or...

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