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AmWEST SAV. ASS'N v. SHATTO

No. 03-94-00062-CV.

905 S.W.2d 400 (1995)

AmWEST SAVINGS ASSOCIATION, Appellant, v. Jimmy R. SHATTO, Appellee.

Court of Appeals of Texas, Austin.

Rehearing Overruled September 27, 1995.

Attorney(s) appearing for the Case

E. Ray West, III, Massey, Shaw & West, Brownwood, for appellant.

Richel Rivers, Hilgers & Watkins, Austin, for appellee.

Before POWERS, KIDD and B.A. SMITH, JJ.

BEA ANN SMITH, Justice.

Appellant AmWest Savings Association, assignee of a federal receiver, sued to collect on a promissory note executed by appellee Jimmy R. Shatto. Shatto moved for summary judgment on the affirmative defenses that the action was barred by applicable state and federal statutes of limitations. See Tex.Civ.Prac. & Rem.Code Ann. § 16.004(a)(3) (West 1986); 12 U.S.C. § 1821(d)(14) (Supp. I 1989) (hereafter "section 1821(d)(14...

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