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· 6/11/1962

Porter v. Aetna Casualty & Surety Co.

Citations

  • 370 U.S. 159
  • 82 S. Ct. 1231
  • 8 L. Ed. 2d 407
  • 1962 U.S. LEXIS 1128

How courts have described this case

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

  • deciding whether veterans’ benefits retained exempt status when deposited into an account with a federal savings and loan
  • stating that “legislation of this type should be liberally construed to protect funds granted by the Congress for the maintenance and support of the beneficiaries thereof” (citation omitted)
  • interpreting exempt status of benefits paid out by the United States Veterans’ Administration
  • discussing predecessor to 38 U.S.C. 5301, and holding that “legislation of this type should be liberally construed . . . to protect funds granted by the Congress for the maintenance and support of the beneficiaries thereof”
  • discussing exemption of benefits under 38 U.S.C. § 3101(a), later re-codified as 38 U.S.C. § 5301(a) and holding that the funds deposited into a federal savings and loan association were not “permanent investments” and therefore retained their exempt status
  • veterans' benefits paid into savings and loan account remain readily withdrawable and therefore retain protection

Source: CourtListener parenthetical corpus (CC0).

Judges: Clark, Douglas, Frankfurter

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.