Legal Opinion
First National Bank of Eastern Arkansas v. Taylor
Court of Appeals for the Eighth Circuit
Decided June 25, 1990No. 89-1260PublishedCited by 13 opinions
1Opinion of the Court
LAY, Chief Judge.
In July, 1987, First National Bank of Eastern Arkansas (FNB) began offering debt cancellation contracts as additional-cost options to customers borrowing $10,-000 or less. These contracts obligated FNB to cancel the unpaid loan balance remaining at the borrower’s death, regardless of the cause of death. FNB offered the debt cancellation contracts at rates that did not vary with a borrower’s age or medical condition. A regulation promulgated by the United States Comptroller of Currency (Comptroller) authorizes national banks to enter into debt cancellation contracts. See 12…
2Cases cited27 opinions
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- Skelly Oil Co. v. Phillips Petroleum Co.Supreme Court of the United States · 1950
- Public Serv. Comm'n of Utah v. Wycoff Co.Supreme Court of the United States · 1952
- Clarke v. Securities Industry Assn.Supreme Court of the United States · 1987
- United States v. South-Eastern Underwriters Assn.Supreme Court of the United States · 1944
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3Cited by13 opinions
- Condor Corporation, a Minnesota Corporation v. City of St. Paul, a Municipal CorporationCourt of Appeals for the Eighth Circuit · 1990
- Douglass v. Dynamic Enterprises, Inc.Supreme Court of Arkansas · 1994
- Bank One, Utah, National Association v. Michael K. Guttau, in His Official Capacity as Superintendent of Banking and Administrator of Electronic Transfer of Funds, Iowa Division of Banking, Iowa Department of Commerce, Comptroller of the Currency, Intervenor Plaintiff/amicion Behalf of Consumer Bankers Association Cash Station, Inc. Nationsbank, N.A. First National Bank of McCook Nebraska Norwest Bank Iowa, N.A. U.S. Bancorp Firstar Corporation, Amici on Behalf of Iowa Bankers Association Iowa Independent Bankers Association Iowa Credit Union League, Amici on Behalf OfCourt of Appeals for the First Circuit · 1999
- Norwest Bank Minnesota, National Ass'n v. Sween Corp.District Court, D. Minnesota · 1996
- Guardian Flight LLC v. Jon GodfreadCourt of Appeals for the Eighth Circuit · 2021
8 more not listed; retrieve them via the Exa API.