National Banking Act state preemption ruling [US SC]
3:54 PM ET
Cuomo, Attorney General of New York v. Clearing House Associations, LLC, et al., US Supreme Court, June 29, 2009 [holding that the National Bank Act and 12 CFR ยง 7.4000 do not prevent a state from enforcing fair lending laws against national banks].
Reported in JURIST's Paper Chasehere. Latest commentary available here. JURIST has more on preemption.
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Monday, June 29, 2009
