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HARTFORD CAS. INS. CO. v. CREDIT UNION 1 OF KANSAS

No. 82,095.

268 Kan. 121 (1999)

992 P.2d 800

HARTFORD CASUALTY INSURANCE COMPANY, Appellee, v. CREDIT UNION 1 OF KANSAS, Appellant.

Supreme Court of Kansas.

Opinion filed November 5, 1999.

Attorney(s) appearing for the Case

Robert E. Keeshan, of Peterson & Keeshan, of Topeka, argued the cause and was on the brief for appellant.

Michael E. Francis, of Sloan, Listrom, Eisenbarth, Sloan, & Glassman, L.L.C., of Topeka, argued the cause and was on the brief for appellee.

The opinion of the court was delivered by

DAVIS, J.:

Credit Union 1 of Kansas (Credit Union 1) financed used car dealer Daniel E. Sanchez, d/b/a Midwest Motor Sport, with a floor loan secured by two of the vehicles purchased. Sanchez agreed to but did not remit the proceeds upon sale of the vehicles. Credit Union 1 made a claim upon Sanchez' vehicle dealer bond required by K.S.A. 1998 Supp. 8-2404 and issued by Hartford Casualty Insurance Company (Hartford...

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