Legal Opinion
Fourth Corner Credit Union v. Federal Reserve Bank
District Court, D. Colorado
Decided January 5, 2016No. Civil Action No 15-CV-01633-RBJPublishedCited by 1 opinion
1Opinion of the Court
ORDER
R. Brooke Jackson, United States District Judge
The Fourth Comer Credit Union seeks a mandatory injunction directing the Federal Reserve Bank of Kansas City to grant it a “master account.” The bank in turn asks the Court to dismiss the case. The dispute arises from the current clash of state and federal law concerning the legality of marijuana. For the reasons discussed in this Order, this Court is unable to grant plaintiff the relief it seeks.
*1186BACKGROUND
In 2012 the people of the State of Colorado voted to amend the state’s constitution to legalize recreational use of marijuana. Declaring…
2Cases cited7 opinions
- Gonzales v. RaichSupreme Court of the United States · 2005
- Jet Courier Services, Inc., Pdq Air Services, Inc., Dixie Airways, Inc. v. Federal Reserve Bank of AtlantaCourt of Appeals for the Sixth Circuit · 1983
- Arenas v. United States Trustee (In re Arenas)Bankruptcy Appellate Panel of the Tenth Circuit · 2015
- Feinberg v. CommissionerCourt of Appeals for the Tenth Circuit · 2015
- Cartlidge v. RaineyCourt of Appeals for the Fifth Circuit · 1948
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3Cited by1 opinion
- Custodia Bank Inc v. Federal Reserve Board of GovernorsDistrict Court, D. Wyoming · 2022