Guaranty Savings & Loan Ass'n v. Federal Home Loan Bank Board
Court of Appeals for the Eighth Circuit
1Opinion of the Court
ROSS, Circuit Judge.
Guaranty Savings and Loan Association (Guaranty) appeals from the district court’s dismissal of its action to remove a receiver appointed by the Federal Home Loan Bank Board (FHLBB). We find that the district court did not err in dismissing Guaranty’s action and accordingly affirm the judgment of the district court.
FACTS
Guaranty is a federally insured savings and loan association chartered under the laws of the State of Arkansas. Its home office is in Harrison, Arkansas.
On December 5, 1985, the FHLBB appointed the Federal Savings and Loan Insurance Corporation (FSLIC) as…
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