Chevy Chase Savings & Loan, Inc. v. State

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• savings and loan did not have \vested\ right to return of contributions to insurance fund upon notice of withdrawal from fund as various conditions remained to terminate the relationship and compute the sum owed
• statute deferring withdrawal of capital by insured institution from corporate insurer of accounts validly applied to their preexisting executory contract, particularly under circumstances of statewide economic emergency in the savings and loan industry
• Purpose “to quell further panic by preventing illiquidity in member associations not in conservatorship or receivership” is significant and legitimate public purpose of state in dealing with the savings and loan emergency.
• describing the 1985 savings and loan crisis
• describing the 1985 savings and loan crisis

Source: CourtListener parenthetical corpus (CC0).