Legal Opinion
Merchants Bank v. Garrard
Supreme Court of Georgia
Decided September 20, 1924No. 4007PublishedCited by 31 opinions
1Opinion of the CourtHines, J.
(After stating the foregoing facts.) Where a policy of insurance does not provide for a change of beneficiary, the general rule is, that the policy and the money to become due under it vest immediately in the person named as the beneficiary, and that this interest, being vested, cannot be transferred to any other person without the consent of the named beneficiary. Perry v. Tweedy, 128 Ga. 402 (57 S. E. 782, 119 Am. St. R. 393, 11 Ann. Cas. 46); Roberts v. Northwestern Nat. L. Ins. Co., 143 Ga. 780 (85 S. E. 1043); Farmers State Bank v. Kelley, 155 Ga. 733 (118 S. E. 197); Central Bank v.…
2Cases cited22 opinions
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- Martin v. StubbingsIllinois Supreme Court · 1888
- Arnold v. Empire Mutual Annuity & Life InsuranceCourt of Appeals of Georgia · 1908
- Mutual Ben. Life Ins. v. SwettCourt of Appeals for the Sixth Circuit · 1915
- Schoenholz v. . New York Life Ins. Co.New York Court of Appeals · 1922
17 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Hayes v. HowellSupreme Court of Georgia · 1983
- Antley v. New York Life InsuranceSupreme Court of South Carolina · 1927
- In Re Gallagher's WillNew Mexico Supreme Court · 1953
- Smith v. ColemanSupreme Court of Virginia · 1945
- Davis v. Modern Industrial BankNew York Court of Appeals · 1939
26 more not listed; retrieve them via the Exa API.