UNITED STATES SUPREME COURT DECISIONS ON-LINE

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

Subscribe to Cases that cite 370 U. S. 159 RSS feed for this section

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

Syllabus

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.


chanrobles.com



ChanRobles Professional Review, Inc.

ChanRobles Professional Review, Inc. : www.chanroblesprofessionalreview.com
ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com
ChanRobles CPA Review Online

ChanRobles CPALE Review Online : www.chanroblescpareviewonline.com
ChanRobles Special Lecture Series

ChanRobles Special Lecture Series - Memory Man : www.chanroblesbar.com/memoryman