New York’s attorney general is barred from investigating national banks for possible violations of federal and state laws, a federal appeals court ruled Tuesday.

The 2nd U.S. Circuit Court of Appeals said that the interpretation of the National Bank Act by the Office of the Comptroller of the Currency was entitled to deference, and the attorney general’s office had no “visitorial powers” over national banks.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]