Texas Supreme Court
Sonny Arnold, Inc., Petitioners v. Sentry Savings Association, Respondents
June 9, 198225 Tex. Sup. Ct. J. 359
Summary
The Texas Supreme Court affirmed the appellate court's denial of a temporary injunction and held that the optional acceleration clause in the deed of trust is a valid and enforceable contractual provision, not an unreasonable restraint on alienation. A concurring opinion agreed with the result but criticized the majority's restrictive rule on restraints.