About: Barnett Bank of Marion County, N.A. v. Nelson     Goto   Sponge   NotDistinct   Permalink

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Barnett Bank of Marion County, N.A. v. Nelson, 517 U.S. 25 (1996), is a Supreme court case that ruled that states could moderate national banks if doing so does not prevent or largely interfere with the national bank's ability to exercise its powers. Later, in 2004, the OCC (Office of the Comptroller of the Currency) authorized its preemption rule which declared that a national bank's ability to exert its incidental powers which include lending and deposit taking inhibited state laws that obstruct, impair or condition” the business of banking."

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  • Barnett Bank of Marion County, N.A. v. Nelson
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  • Barnett Bank of Marion County, N.A. v. Nelson, 517 U.S. 25 (1996), is a Supreme court case that ruled that states could moderate national banks if doing so does not prevent or largely interfere with the national bank's ability to exercise its powers. Later, in 2004, the OCC (Office of the Comptroller of the Currency) authorized its preemption rule which declared that a national bank's ability to exert its incidental powers which include lending and deposit taking inhibited state laws that obstruct, impair or condition” the business of banking."
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  • Barnett Bank of Marion County, N.A. vs. Nelson, Florida Insurance Commissioner, et al.
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ArgueDate
  • --01-16
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case
  • Barnett Bank of Marion County, N.A. v. Nelson,
DecideDate
  • --03-27
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  • Barnett Bank of Marion County, N.A. vs. Nelson, Florida Insurance Commissioner, et al.
Holding
  • The court said states could manage national banks when “doing so does not prevent or significantly interfere with the national bank’s exercise of its powers" which is called conflict preemption.
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Litigants
  • Barnett Bank of Marion Cty., N.A. vs. Nelson
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  • Breyer
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  • unanimous
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  • 172800.0
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  • 25920.0
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  • Barnett Bank of Marion County, N.A. v. Nelson, 517 U.S. 25 (1996), is a Supreme court case that ruled that states could moderate national banks if doing so does not prevent or largely interfere with the national bank's ability to exercise its powers. Later, in 2004, the OCC (Office of the Comptroller of the Currency) authorized its preemption rule which declared that a national bank's ability to exert its incidental powers which include lending and deposit taking inhibited state laws that obstruct, impair or condition” the business of banking."
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