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PIMA FINANCIAL SERV. v. INTERMOUNTAIN HOME SYSTEMS

Civ. A. No. 88-K-176.

786 F.Supp. 1551 (1992)

PIMA FINANCIAL SERVICE CORPORATION, an Arizona Corporation, Plaintiff, v. INTERMOUNTAIN HOME SYSTEMS, INC., a Colorado corporation, Federal Deposit Insurance Corporation, a corporation organized under the laws of the United States of America, and Department of Revenue, State of Colorado, Defendants.

United States District Court, D. Colorado.

March 10, 1992.

Attorney(s) appearing for the Case

Mitchell B. Davis, Denver, Colo., for plaintiff.

Antony B. Dyl, Asst. Atty. Gen., Mary D. Metzger, Denver, Colo., for defendants.

ORDER ON MOTIONS FOR SUMMARY JUDGMENT

KANE, Senior District Judge.

This is an interpleader action in which the Federal Deposit Insurance Corporation (FDIC) and the Department of Revenue of the State of Colorado (State) have both asserted an interest in funds held by the stakeholder, the PIMA Financial Service Corporation. The FDIC and the State have filed cross motions for summary judgment, each claiming its interest takes priority. On March 15, 1991, both...

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