Greenwood Trust Company v. Commonwealth of Massachusetts

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that state-chartered, federally insured banks may ignore the usury laws not only of their home-state but also of their customers’ home-state
• holding that Massachusetts usury law reflects a fundamental public policy of protecting the state’s debtors
• concluding that section 521 permits federally-insured state banks to \export\ interest rates
• concluding that section 521 permits federally-insured state banks to “export” interest rates
• noting that when Congress borrows a word from a legal source, the word usually brings along its prior judicial interpretations
• noting that when Congress borrows a word from a legal source, the word usually brings along its prior judicial interpretations

Source: CourtListener parenthetical corpus (CC0).