Number: RL32197 Title: Preemption of State Law for National Banks and Their Subsidiaries by the Office of the Comptroller of the Currency Authors: M. Maureen Murphy, American Law Division Abstract: This report focuses on regulations issued by the Comptroller of the Currency preempting certain state laws. It contains a brief summary of those regulations; a review of the case law setting forth standards of preemption in the banking law area; summaries of various statutes that contain explicit statements as to their effect upon state law; summaries of recent agency interpretations and court decisions on newly enacted state laws; and a general analysis of the proposed regulations. Pages: 29 Date: Updated March 4, 2004