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ROCKWELL INTERN. CREDIT CORP. v. VALLEY BANK

No. 15726.

707 P.2d 517 (1985)

109 Idaho 406

ROCKWELL INTERNATIONAL CREDIT CORPORATION, Plaintiff, Respondent, Cross-Appellant, v. VALLEY BANK, an Idaho Corporation, Defendant, Appellant, Cross-Respondent.

Court of Appeals of Idaho.

October 4, 1985.

Attorney(s) appearing for the Case

Stephen A. Meikle, Idaho Falls, for defendant, appellant, cross-respondent.

Charles A. Homer, Holden, Kidwell, Hahn & Crapo, Idaho Falls, for plaintiff, respondent, cross-appellant.

BURNETT, Judge.

We are asked to determine the priority of competing security interests in collateral moved from one state to another. The district court ruled that a security interest held by Rockwell International Credit Corporation was prior to a security interest held by Valley Bank. For reasons explained below, we reverse.

The facts are undisputed. Valley Bank has a general security interest in "all equipment" of a debtor known as Curtis Press. Rockwell...

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