State of Tex. v. Clarke

MEMORANDUM OPINION AND ORDER

WALTER S. SMITH, Jr., District Judge.

Motions for summary judgment by Plaintiff and each of the Defendants have been filed. Each side seeks a resolution of whether 12 U.S.C. § 36 allows Texas savings and loans to be defined as “state banks.” Allowing such an interpretation of “state bank” would permit national banks to follow statewide savings and loan branching patterns, instead of the current countywide pattern. Texas argues against the interpretation. In the alternative, Texas asks for a declaratory judgment that national banks branching statewide must follow…