Legal Opinion
M. B. A. F. B. Federal Credit Union v. Cumis Insurance Society, Inc.
District Court, D. South Carolina
Decided February 10, 1981No. Civ. A. 77-2087-8PublishedCited by 10 opinions
1Opinion of the Court
BLATT, District Judge.
Cumis Insurance Society, Inc., insured the plaintiff under a credit union fidelity bond “[F]or direct loss of, or damage to, any property, as defined herein, caused by the fraud or dishonesty of any of the insured’s employees ... or through the failure on the part of such employees ... to well and faithfully perform his [sic] duties.” (emphasis added). Property is defined in the bond to include “Money ... in which the insured has a pecuniary interest or which are [sic] held by the insured in any capacity.... ” Further, under the terms of the bond, the insured was…
2Cases cited13 opinions
- MINOR v. the Mechanics Bank of AlexandriaSupreme Court of the United States · 1828
- E. I. Du Pont De Nemours & Company, and United States of America v. Lyles & Lang Construction CompanyCourt of Appeals for the Fourth Circuit · 1955
- Chesapeake & Ohio Ry. Co. v. Elk Refining Co.Court of Appeals for the Fourth Circuit · 1950
- American Insurance Company v. First National Bank in St. LouisCourt of Appeals for the First Circuit · 1969
- Gaskins v. Blue Cross-Blue ShieldSupreme Court of South Carolina · 1978
8 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- United States v. Dollar Rent a Car Systems, Inc., Dollar Rent a Car-Washington, Inc.Court of Appeals for the Fourth Circuit · 1983
- M. B. A. F. B. Federal Credit Union v. Cumis Insurance Society, Inc.Court of Appeals for the Fourth Circuit · 1982
- Jacobs v. AMER. MUTUAL FIRE INS. CO. OF CHARLESTONSupreme Court of South Carolina · 1986
- Para-Chem Southern, Inc. v. M. Lowenstein CorporationCourt of Appeals for the Fourth Circuit · 1983
- Joye v. HeuerDistrict Court, D. South Carolina · 1993
5 more not listed; retrieve them via the Exa API.