UNITED STATES SUPREME COURT DECISIONS ON-LINE

1. A life insurance policy payable to the executors, administrators, or assigns of the insured is his property and subject to the claims of his creditors. P. 256 U. S. 128.

2. A state law exempting policies so payable and their avails from the debts of the insured is invalid under Art. I, § 10, of the Constitution, as applied to his debt under a promissory note antedating the law and to policies also antedating it though later than the note. P. 256 U. S. 129. Sturges v. Crowninshield, 4 Wheat. 122.

146 La. 385 reversed. clubjuris

Page 256 U. S. 127

The case is stated in the opinion.