A coating composition containing about 40-90% by weight of film forming binder and 10-60% by weight of an organic liquid carrier; wherein the binder contains about (a) 10-70% by weight, based on the weight of the binder, of a dispersed gelled acrylic polymer having (i) a core of gelled polymerized ethylenically unsaturated monomers which is not soluble in the organic liquid carrier and having chemically grafted thereto (ii) substantially linear stabilizer polymeric components that are soluble in the organic liquid carrier and comprise polymerized ethylenically unsaturated monomers and have a weight average molecular weight of about 500-20,000 determined by GPC (gel permeation chromatography) using polystyrene as the standard; wherein the core, the stabilizer polymeric component, or both contain at least 3% by weight of polymerized ethylenically unsaturated monomers having isocyanate groups attached thereto that are capable of reacting with component (b); (b) 30-90% by weight, based on the weight of the binder, of an oligomer or polymer or both having functional groups capable of reacting with the isocyanate groups of component (a); and (c) 0-60% by weight, based on the weight of the binder, of an organic polyisocyanate crosslinking agent.