Legal Opinion

Matthews v. State of California

California Court of Appeal

Decided April 10, 1980No. Civ. 56770PublishedCited by 1 opinion

1Opinion of the Court

Opinion

ROTH, P. J.

Pacific Homes, a California nonprofit corporation, has for many years in this and other states under the aegis of the United Methodist Church, operated retirement facilities for the aged under so-called life or continuing care contracts1 which constitute a kind of annuity insurance whereunder payments are made in services and commodities in return for a lump sum transfer of cash at the outset of the contractual relationship with the continuing care recipient payor. The state, having in mind a salutary concern for the possibilities of abuse by those who undertake to provide…

2Cases cited10 opinions

Caplin v. Marine Midland Grace Trust Co. of New YorkSupreme Court of the United States · 1972
Van Arsdale v. HollingerCalifornia Supreme Court · 1968
Williams v. HorvathCalifornia Supreme Court · 1976
Harvey R. Miller, as Trustee in Bankruptcy of Ira Haupt & Co., a Limited Partnership, Bankrupt v. New York Produce ExchangeCourt of Appeals for the Second Circuit · 1977
Fed. Sec. L. Rep. P 95,841 Aubrey B. Lank, as Receiver of Pickard & Company, Incorporated v. The New York Stock ExchangeCourt of Appeals for the Second Circuit · 1977

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3Cited by1 opinion

Matthews v. State of CaliforniaCalifornia Court of Appeal · 1980