![Association of Banks in Insurance, Inc. v. Duryee](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
![Association of Banks in Insurance, Inc. v. Duryee](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
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Association of Banks in Insurance, Inc. v. Duryee
270 F.3D 397, 2001.C06.0000392
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- 0,99 €
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- 0,99 €
Publisher Description
This action involves the right of a national bank, under § 13 of the Federal Reserve Act, 12 U.S.C. § 92, to act as an insurance agent in towns with a population of 5,000 or less. The plaintiffs, a national bank and several organizations whose memberships include national banks, filed suit against the Ohio Superintendent of Insurance seeking: (1) a declaratory judgment that certain Ohio licensing provisions as applied to national banks are preempted by 12 U.S.C. § 92; and (2) a permanent injunction preventing enforcement of these provisions against national banks to the extent that they are preempted. Specifically at issue is the viability of Ohios "principal purpose test," as well as various statutory licensing requirements. Faced with cross-motions for summary judgment, the district court granted summary judgment in favor of the plaintiffs, providing them with the requested declaratory and injunctive relief.