Court Opinion

ID: 9424122
Source: CourtListenerOpinion
Date Created: 2023-08-02 23:10:25.870583+00
Date Added: 2024-06-11T17:22:48.231026
License: Public Domain

Mr. Justice Stewart,
dissenting.
I wholly agree with the Court that federal law is to be applied in determining whether the activities of a national bank constitute branch banking under the exclusive definition contained in the National Bank Act, 12 U. S. C. § 36 (f). Whether the activities here in question constitute branch banking under that standard seems to me an extremely close question. That being so, I would defer to the determination of the Comptroller of the Currency. He is the official charged with administering these provisions of the Act, and I cannot say his determination was not a reasonable one. See Udall v. Tollman, 380 U. S. 1, 16-18.