Petition of the day

By Maureen Johnston
on Nov 3, 2014 at 10:14 pm

The petition of the day is:

Issue: Whether a state can restrict a national bank’s exercise of its fiduciary powers in connection with real property in that state if the bank is authorized to act as a fiduciary by the Comptroller of the Currency and not prohibited from doing so by the (different) state in which the bank is “located” under 12 U.S.C. § 92a and 12 C.F.R. § 9.7. CVSG: 10/07/2014.