In Fordyce Bank v. Bean Timberland, where the bank had a security interest in proceeds from the sale of timber by Bean, the court held that the buyers of timber were liable for not ensuring payment went to the bank instead of to Bean.

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In Fordyce Bank v. Bean Timberland, the court held that the buyers of the timber were not liable to the bank for the payment they made directly to Bean, as the buyers were not notified of the bank's security interest in the proceeds from the sale of the timber.

In Fordyce Bank V