Marine Bank v. Weaver

How courts have described this case

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

• holding that neither certificate of deposit nor agreement granting share in profits in exchange for guaranteeing loan were securities
• holding that neither certificate of deposit nor agreement at issue in that ease was a security
• holding that the test of whether something is a security “is what character 23 the instrument is given in commerce”
• finding that certificates of deposit were otherwise subject to federal banking laws and insured by the FDIC
• finding that a profit sharing provision alone is not enough to make an agreement a security
• finding that a certificate of deposit was not a security because of federal banking laws

Source: CourtListener parenthetical corpus (CC0).