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Supreme Court Decision Alert - June 29, 2009
In a 5-4 decision authored by Justice Scalia, the Supreme Court held today that the National Bank Act (“NBA”), 12 U.S.C. § 484(a), does not prohibit states from enforcing generally applicable state laws against national banks, but does prohibit states from issuing investigative subpoenas to such banks.
United States
2 Jul 2009
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