1. Home
  2. Browse Decisions
  3. S.E.2d
  4. 394 S.E.2d
  5. 394 S.E.2d 147 (1990)
 

REGIONAL ACCEPTANCE CORP. v. POWERS

No. 457PA89.

394 S.E.2d 147 (1990)

327 N.C. 274

REGIONAL ACCEPTANCE CORPORATION v. Helen A. POWERS, Secretary, North Carolina Department of Revenue.

Supreme Court of North Carolina.

July 26, 1990.

Attorney(s) appearing for the Case

Adams, McCullough & Beard by John J. Butler, Raleigh, for plaintiff-appellant.

Lacy H. Thornburg, Atty. Gen. by Marilyn R. Mudge, Asst. Atty. Gen., Raleigh, for North Carolina Dept. of Revenue.

MARTIN, Justice.

Regional Acceptance Corporation ("RAC") is a North Carolina corporation with its principal place of business in Greenville, North Carolina. It is in the business of making consumer loans to clients secured by promissory notes. On 26 April 1978, RAC entered into a Rediscount Financing Security Agreement ("Agreement") with Walter E. Heller & Company ("Heller"). Pursuant to the Agreement, Heller advanced...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases