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United States Third Circuit


VIRGIN ISLANDS BUREAU OF INTERNAL REVENUE v. CHASE MANHATTAN BANK, 01-3467/8, 01-4325/6, 01-4464

A bank must honor a notice of levy on property on which it holds an unexercised right of setoff, but has limited the property owner's access, because an account holder retains a property interest in the account until the setoff right is exercised.

Appellate Information

  • Decided 12/05/2002
  • Published 12/05/2002

Judges

Court

  • United States Third Circuit

Counsel

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