Case Title: Cash America Net of Nevada, LLC, Aplt v. Commonwealth, Department of Banking, et al (Concurring Opinion)

Citation: 

Docket Number: 

State: pennsylvania

Court: Pennsylvania Supreme Court

Date: 2010-10-19T00:00:00Z

Document:
[J-38-2010][M.O. - Baer, J.] IN THE SUPREME COURT OF PENNSYLVANIA MIDDLE DISTRICT CASH AMERICA NET OF NEVADA, LLC, Apellant v. COMMONWEALTH OF PENNSYLVANIA, DEPARTMENT OF BANKING, AND THE HONORABLE STEVEN KAPLAN, IN HIS OFFICIAL CAPACITY AS SECRETARY OF BANKING OF THE COMMONWEALTH OF PENNSYLVANIA, Appellees : : : : : : : : : : : : : : : : No. 68 MAP 2009 Appeal from the Order of the Commonwealth Court at No. 8 MD 2009 entered on 7/10/09 ARGUED: May 11, 2010 CONCURRING OPINION MR. JUSTICE SAYLOR DECIDED: October 19, 2010 I join the Court’s holding and support much of the majority’s reasoning. In light of the incongruities in the governing statute relative to foreign lenders and the interpretive history in the Department of Banking, however, I have difficulty with the majority position that the case can be resolved solely based on plain-meaning interpretation. Rather, I believe statutory construction is implicated, to include consideration of the policy objectives of the statute, which I believe strongly support the present holding of the Court.