Legal Opinion

Gulf Federal Savings and Loan Association of Jefferson Parish v. Federal Home Loan Bank Board

Court of Appeals for the Fifth Circuit

Decided November 5, 1981No. 78-2549PublishedCited by 39 opinions

1Opinion of the Court

CHARLES CLARK, Circuit Judge:

Gulf Federal Savings and Loan Association petitions for review of an order by the Federal Home Loan Bank Board, claiming that the Board used its cease and desist authority improperly, in an attempt to enter the consumer protection field. Because we find no statutory authority for the cease and desist order, we grant the petition for review and reverse the Board’s decision.

I

Gulf Federal was chartered as a federal savings and loan association on May 20, 1965. The first meeting of the Board of Directors was held on June 11, 1965. At that meeting, the Board of…

2Cases cited7 opinions

  1. Rettig v. Arlington Heights Federal Savings & Loan Ass'nDistrict Court, N.D. Illinois · 1975
  2. Murphy v. Colonial Federal Savings & Loan Ass'nCourt of Appeals for the Second Circuit · 1967
  3. Bolding v. Eason Oil CompanySupreme Court of Louisiana · 1965
  4. Cerniglia v. KralSupreme Court of Louisiana · 1930
  5. Peavy-Byrnes Lumber Co. v. Long-Bell Lumber Co.District Court, W.D. Louisiana · 1944

2 more not listed; retrieve them via the Exa API.

3Cited by39 opinions

  1. Fidelity Federal Savings & Loan Ass'n v. De La CuestaSupreme Court of the United States · 1982
  2. First Gibraltar Bank, Fsb, and Beneficial Texas, Inc. v. Dan Morales, Atty. General, as Attorney General for the State of TexasCourt of Appeals for the First Circuit · 1994
  3. In The Matter Of Lawrence B. SeidmanCourt of Appeals for the Third Circuit · 1994
  4. Harry Calcutt III v. FDICCourt of Appeals for the Sixth Circuit · 2022
  5. Community Title Co. v. Roosevelt Federal Savings & Loan Ass'nMissouri Court of Appeals · 1984

34 more not listed; retrieve them via the Exa API.

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