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STATE v. BOWMAN

No. 08CA4.

181 Ohio App.3d 407 (2009)

2009-Ohio-1281

The STATE of Ohio, Appellee, v. BOWMAN, Appellant.

Court of Appeals of Ohio, Second District, Miami County.

Decided March 20, 2009.

Attorney(s) appearing for the Case

Gary Nasal, Miami County Prosecuting Attorney, and James D. Bennett, Assistant Prosecuting Attorney, for appellee.

Jeremy M. Tomb and Scott A. Kelley, for appellant.

GRADY, Judge.

{¶ 1} Defendant, Charles Bowman, owned and operated a used-car business in Troy. As is common among auto dealers, Bowman financed purchases of his auto inventory with "floor-plan loans." Under that form of loan, which is essentially a line of credit, the dealer who purchases a vehicle with loan proceeds promises to apply the proceeds from its sale to pay down the loan balance. When the payment is received, the lender releases its lien...

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