Benjamin B. Brown, Trustee in Bankruptcy of the Estate of Hyman R. Posin, Bankrupt v. Hyman R. Posin

Fourth Circuit

Benjamin B. Brown, Trustee in Bankruptcy of the Estate of Hyman R. Posin, Bankrupt v. Hyman R. Posin

284 F.2d 300, 1960 U.S. App. LEXIS 3340

CourtCourt of Appeals for the Fourth Circuit

DecidedNovember 11, 1960

Docket8154

StatusPublished

Cited by3 cases

This text of 284 F.2d 300 (Benjamin B. Brown, Trustee in Bankruptcy of the Estate of Hyman R. Posin, Bankrupt v. Hyman R. Posin) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fourth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Benjamin B. Brown, Trustee in Bankruptcy of the Estate of Hyman R. Posin, Bankrupt v. Hyman R. Posin, 284 F.2d 300, 1960 U.S. App. LEXIS 3340 (4th Cir. 1960).

Pincite

Opinion

PER CURIAM.

This appeal relates to the exemptions allowable to a bankrupt. Maryland Law is here controlling, and the answer depends upon the proper interpretation of a Maryland statute and the Maryland Constitution. The District Court held that Article 48A, section 166, *301 of the Maryland Code (1957) applies. This statute exempts the cash surrender value, without limitation, of life insurance policies made for the benefit of or assigned to the wife or children or other dependent relative of the debtor. The court held this statute valid and not in conflict with section 44 of Article III of the Constitution of Maryland, which limits to $500 the amount of a debtor’s property which the legislature may exempt from execution.

For the reasons stated in the able opinion of the District Court, reported in 183 F.Supp. 380, the judgment below is

Affirmed.

Free access — add to your briefcase to read the full text and ask questions with AI

PER CURIAM.

This appeal relates to the exemptions allowable to a bankrupt. Maryland Law is here controlling, and the answer depends upon the proper interpretation of a Maryland statute and the Maryland Constitution. The District Court held that Article 48A, section 166, *301 of the Maryland Code (1957) applies. This statute exempts the cash surrender value, without limitation, of life insurance policies made for the benefit of or assigned to the wife or children or other dependent relative of the debtor. The court held this statute valid and not in conflict with section 44 of Article III of the Constitution of Maryland, which limits to $500 the amount of a debtor’s property which the legislature may exempt from execution.

For the reasons stated in the able opinion of the District Court, reported in 183 F.Supp. 380, the judgment below is

Affirmed.

Cite This Page — Counsel Stack

Bluebook (online)

284 F.2d 300, 1960 U.S. App. LEXIS 3340, Counsel Stack Legal Research, https://law.counselstack.com/opinion/benjamin-b-brown-trustee-in-bankruptcy-of-the-estate-of-hyman-r-posin-ca4-1960.

Opinion

Related

Cite This Page — Counsel Stack