United States Bankruptcy Court, M.D. Tennessee August 27, 1993, Bankruptcy No. 393-01771, Adv. No. 393-00136 (Willie v. First American National Bank (In Re Willie))
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United States · · · 27-08-1993
MEMORANDUM
KEITH M. LUNDIN, Bankruptcy Judge.
The question presented is whether the “same class” test for enforcement of future advance clauses in security instruments, announced by this court in
Third Nat'l Bank v. Johnson (In re Johnson),
9 B.R. 713 (Bankr.M.D.Tenn.1981), survived the enactment of Tenn.Code Ann. § 47-50-112(b) in 1983.
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