· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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