Opinion · Supreme Court of the United States
Town of North Bonneville v. United States
Town of N. Bonneville v. United States, 485 U.S. 1007 (1988)
- Type
- Opinion
- Court
- Supreme Court of the United States
- Jurisdiction
- Federal
- Date
- 1988-04-18
- Topic
- general
How later courts describe this case
- following majority rule but noting that drafters did not anticipate this conflict
- constructive trust imposed upon inventory in favor of bank defrauded of funds used to purchase inventory
- the majority rule is that a constructive trust exists from the moment the fraudulent transaction occurs on which the constructive trust is based
- A court must “interpret the words of the statute in light of the purposes the legislature sought to serve.”
Citator
UpLaw has not yet analyzed Town of North Bonneville v. United States. The absence of a flag is not a finding that it is good law.
- Cited by
- 57 opinions
Petition for writ of certiorari to the United States Court of Appeals for the Federal Circuit.