(Download) "State Idaho v. One 1974 Green Targa" by Supreme Court of Idaho No. 16185 " Book PDF Kindle ePub Free

July 19, 2021

eBook details

Title: State Idaho v. One 1974 Green Targa
Author : Supreme Court of Idaho No. 16185
Release Date : January 03, 1986
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 69 KB

Description

This is an appeal by the State of Idaho from a district court order upholding a lien held by First Security Bank (bank) in a Porsche automobile. The auto is the subject of a forfeiture action by the State of Idaho. The district court held that the bank had a valid and perfected lien and ordered the Porsche released to the bank. We reverse. The parties stipulated to the following facts. The state and First Security Bank claim ownership of a 1974 Porsche automobile. The state's claim arises under I.C. § 37-2744, which allows forfeiture to the state of property used in drug trafficking. Rudy Stephenson was the original owner of the Porsche. On June 4, 1984, Stephenson transferred title to the Porsche to Edward Thompson for $4,000. During this period, Stephenson retained possession of the car and held an option to repurchase the car. On July 11, 1984, Stephenson was arrested for allegedly trafficking in cocaine. The police seized the car, which had been used to transport drugs, from Stephenson on July 18, 1984, pursuant to the forfeiture statute.