MRC Finance Co. v. Texas Comptroller Carole Keeton Strayhorn

This is an appeal from a summary judgment in a tax refund suit to recover motor vehicle sales tax with interest. The issue presented is whether a company that purchased installment-sales contracts from retail motor vehicle dealers could avail itself of the bad debt refund statute after the obligors defaulted. We will affirm the district court's judgment.

MFC Finance Company of Texas v. Carole Keeton Strayhorn, Comptroller of Public Accounts of the State of Texas, and Greg Abbott, Attorney General of the State of Texas, No. (Tex. App.- Austin, May 1, 2008) ( ) (affirmed) (Before Justices Patterson, Pemberton and Waldrop)
Appeal from 345th District Court of Travis County