LaTurner v. United States

Issue: (1) Whether states that have exercised their historic power to escheat title to abandoned U.S. savings bonds may redeem those bonds as successor owners, as the U.S. Court of Appeals for the 3rd Circuit has concluded, or whether federal law preempts such redemption, as the U.S. Court of Appeals for the Federal Circuit held below; and (2) whether U.S. Department of the Treasury regulations requiring presentation of a bond serial number may operate as a time bar to prevent a bond owner who has lost that serial number from ever redeeming that bond.