Legal Opinion
State v. Liberty National Bank & Trust Co.
North Dakota Supreme Court
Decided June 28, 1988No. Civ. 870256PublishedCited by 24 opinions
1Opinion of the Court
LEVINE, Justice.
The State appeals from a district court summary judgment dismissing its divestiture action against Liberty National Bank and Trust Company [Liberty National] on the ground that the three-year limitation for holding farmland under § 10-06-13(5), N.D.C.C., of the corporate farming laws is not applicable to Liberty National because the state provision is pre-empted by 12 U.S.C. § 29 of the National Bank Act. We reverse.
The facts are not disputed. Liberty National is a national bank chartered by and subject to the supervision of the Comptroller of the Currency pursuant to the…
2Cases cited37 opinions
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- Hines v. DavidowitzSupreme Court of the United States · 1941
- Rice v. Santa Fe Elevator Corp.Supreme Court of the United States · 1947
- Florida Lime & Avocado Growers, Inc. v. PaulSupreme Court of the United States · 1963
- Fidelity Federal Savings & Loan Ass'n v. De La CuestaSupreme Court of the United States · 1982
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3Cited by24 opinions
- State Ex Rel. Stenehjem v. FreeEats.com, Inc.North Dakota Supreme Court · 2006
- North Dakota Council of School Administrators v. SinnerNorth Dakota Supreme Court · 1990
- Walker v. SchneiderNorth Dakota Supreme Court · 1991
- Gosbee v. BendishNorth Dakota Supreme Court · 1994
- Bies v. ObregonNorth Dakota Supreme Court · 1997
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