United States v. Maryland Savings-Share Insurance Corporation

Section 501 (c)(14)(B) of the Internal Revenue Code of 1954, which limits income tax exemption for nonprofit mutual insurers to those organized before September 1, 1957, is not an arbitrary classification violative of due process requirements, Congress having had a rational basis for concluding that an extension of the cutoff date could adversely affect federal programs.

308 F. Supp. 761, reversed.

PER CURIAM.