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PORTER V. AETNA CAS. & SUR. CO., 370 U. S. 159 (1962)

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U.S. Supreme Court

Porter v. Aetna Cas. & Sur. Co., 370 U.S. 159 (1962)

Porter v. Aetna Casualty & Surety Co.

No. 604

Argued April 25, 1962

Decided June 11, 1962

370 U.S. 159


Disability benefits paid by the United States to an incompetent veteran and deposited by his committee or guardian in an account in a federal savings and loan association are exempted from attachment by 38 U.S.C. § 3101(a) when the deposits are readily available as needed for support and maintenance, actually retain the qualities of money, and are not permanent investments. Pp. 370 U. S. 159-162.

111 U.S.App.D.C. 267, 296 F.2d 389, reversed.

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