Legal Opinion
Community Bank of Arizona v. G.V.M. Trust
Court of Appeals for the Ninth Circuit
Decided May 7, 2004No. 03-15305PublishedCited by 1 opinion
1Opinion of the Court
GRABER, Circuit Judge.
We must decide whether Arizona’s general corporate law appraisal procedures or the default appraisal procedures set out in the National Bank Consolidation and Merger Act (“Act”), 12 U.S.C. § 215a, govern the appraisal of dissenting shareholders’ shares when an Arizona state bank merges into a national banking association. The question is one of first impression in this circuit. We hold that, when a state has enacted no statute providing for the appraisal of dissenters’ shares in the specific context of banking, the default appraisal procedures of the federal Act apply.…
2Cases cited17 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- Christensen v. Harris CountySupreme Court of the United States · 2000
- Ardestani v. Immigration & Naturalization ServiceSupreme Court of the United States · 1991
- Nationsbank of North Carolina, N. A. v. Variable Annuity Life InsuranceSupreme Court of the United States · 1995
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3Cited by1 opinion
- Community Bank Of Arizona v. G.V.M. TrustCourt of Appeals for the Ninth Circuit · 2004