Document Type

Article

Publication Title

Indian law Reporter

Publication Date

10-4-1982

Abstract

Plaintiff bank, a Montana corporation doing business within the boundaries of the Blackfeet Reservation, sought possession of the collateral used to secure a loan on which defendants had defaulted. Basing its jurisdiction on the fact that all transactions at issue "arose upon and were to be performed within" the reservation, the court orders that plaintiff is entitled to recover the collateral but is not entitled to a deficiency judgment in excess of the collateral's value because the bank continued to loan money to the defendants despite knowledge of defendants' "financial disarray."

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