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.