Legal Opinion
Independent Insurance Agents of America, Inc. v. Clarke
Court of Appeals for the D.C. Circuit
Decided February 7, 1992No. Nos. 90-5209, 90-5214PublishedCited by 5 opinions
1Opinion of the Court
Opinion for the court filed by Circuit Judge BUCKLEY.
Dissenting opinion filed by Circuit Judge SILBERMAN.
BUCKLEY, Circuit Judge:
Appellants challenge a ruling by the Comptroller of the Currency that would permit any national bank, or its branch, located in a community of not more than five thousand inhabitants tó sell insurance to customers outside that community. The Comptroller based his ruling on section 92 of the National Bank Act. As we find sua sponte that that section has been repealed, and as the Comptroller cites no alternative authority for his ruling, we reverse.
I. Background
Section…
2Cases cited21 opinions
- Russello v. United StatesSupreme Court of the United States · 1983
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Louis A. Carducci v. Donald T. Regan, Secretary, U.S. Treasury DepartmentCourt of Appeals for the D.C. Circuit · 1983
- Estate of Sanford v. CommissionerSupreme Court of the United States · 1939
- United States v. Shreveport Grain & Elevator Co.Supreme Court of the United States · 1932
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3Cited by5 opinions
- Robinson v. Davis Memorial Goodwill IndustriesDistrict Court, District of Columbia · 1992
- Owensboro National Bank v. MooreDistrict Court, E.D. Kentucky · 1992
- Independent Insurance Agents of America, Inc. v. Robert L. Clarke, Comptroller of the Currency National Association of Life Underwriters v. Robert L. ClarkeCourt of Appeals for the D.C. Circuit · 1992
- Kenneth E. Wilcox v. Niagara of Wisconsin Paper Corporation and Elmer BealeCourt of Appeals for the Seventh Circuit · 1992
- Kenneth E. Wilcox v. Niagara of Wisconsin Paper Corporation and Elmer BealeCourt of Appeals for the Seventh Circuit · 1992